Kyle Castaneda
HELOC’s on investment property during COVID
Hello All -I currently own an investment property and have 70% debt-to-equity in the house. Given this, I was planning on opening a HELOC on it in order to use the funds for a down payment to purchase another investme...
Austin Jones
Builder purposely slowing down progress to get out of contract
I'm trying really hard to not put on my tin foil hat, but here's the situation:We are under contract for a lake house in a VERY hot market (Lake Hartwell, SC/GA). Houses are listed, immediately a multiple offer situa...
William Harris
Advice needed! BRRRR, Wholesale, Fix/Flip ?
Good afternoon BP family,
For my first deal, I would like to open a discussion and get some experienced advice on what I should do in my current situation:
I recently connected with an attorney who place bids at p...
Kenny McCarty
VRBO Accounting: Incompetent or sleezy?
Just in case you aren't aware, we are being charged a 3% processing fee on the taxes that are collected from VRBO's traveler service fee. This has been happening for years. I have been on the phone many times with s...
Chase Whiteman
HELOC with Hard Money, any experience?
Hello,Considering using the equity in my primary residence to apply for a heloc. I am told most banks/credit unions will lend 85% LTV on primary. With rates increasing, should having a variable rate with a heloc make ...
Chad Chalmers
Is six figures really the norm to join REI training groups?
I understand building a strong network is essential when it comes to real estate investing. If you don’t have your first deal working with those that do almost seems like a waist of their time from recent experience. ...
Andrew Fielder
Effectiveness of Direct Mail to Defaulting Borrowers
Was looking into some of the direct mail posts and it seems a lot of people are targeting absentee owners or probate.Does anyone target borrowers who have been given a notice of default? I have access to a data base w...
Pablo Garcia
How to get started RE investing as a 26 year old in Phoenix AZ
Hi everyone my name is Pablo I just moved to the Phoenix AZ area from San Jose CA 2 months ago and I just joined BP to learn more about RE Investing. A little bit of my backstory: I am a former college football player...
Brian Smith
Seeking Opinions: Rent vs. Buy in High Priced Area
My wife and I are in our mid-40’s with a small child and renting in Westchester County, New York - basically the high cost of living capital of the East. We are a single income family and, while my salary meets our b...
Lakshmi Nikitha Duggirala
Flexible Lenders that offer 5% down
Hi everyone,
I recently found out from a real estate agent that he found a flexible lender who does does 5% down at only 3.75 to 4% fixed 30-year with no PMI on purchases. They keep it in house and can provide a loan...