Aaron Blevins
How to get cash out on 50-75k valued rentals
Curious how you would advise someone who has a low valued SF rental home, free and clear, to be able to pull cash out.
Say you have a group of properties that fit this criteria, what would be the best way to pull ca...
Eugene Suh
HELOC down pay for Investment Home (Spouse scenario)
Can I get a HELOC on our primary residence (I am the sole person on the mortgage) and then have my spouse use those funds as a down payment on an investment property (mortgage under spouse name only for the investment...
Jason Munck
Tax Foreclosure Cash-out Refi
Considering making a purchase at a tax foreclosure auction. The redemption period ends just before the auction. I'm thinking of making repairs and then doing a cash out refi. I've found forums addressing cash-out r...
Account Closed
Property is not cash flow positive when rent x 75% then what calc
If a property is not cash flow positive when rent is multiplied by 75%, then how would a conventional lender add this calculation into your DTI? Example $4000 a month 12 month lease signed, actual monthly debt is $327...
Ian I Leinwand
HELOC based on Prime or LIBOR?
Greeting All,I'm looking for opinions on HELOC products. I working with two local lenders one has traditional HELCO based on Prime plus 1% and the other has a product they call The All in One Loan (AOL). The AOL rate ...
Andrew Leighton
Date to closing sooner or later what’s best
So I am new here and I’m about to start my real estate investing venture. I am placing an all cash offer to a foreclosed VA home and my real estate agent just asked me what date I wanted to close. I live in Texas I’m ...
Gary Parente
Recent Spike in Inv Prop Cash Out Refi Fees - Still make sense?
Hi BP family - I just got loan estimates for a cash out refinance I am trying to do on one of my rentals. 3.625% for 30 years, but with 3.6% paid in points/fees (plus a $650 appraisal fee).Loan amount = $187,500Proper...
Elias Barend Westhof
How do I do cash for keys?
So we have two tenants in our fourplex in los angeles. We want to do a large remodel, but because of rent control the only option of removing them is to pay them $22.000 each in relocation fees. We were therefore plan...
Umang G.
Sample LLC Operating Agreement
Hi - I along with two of my friends have decided to team up and get our first property in Florida with all cash and no mortgage. We started a LLC through Incfile in Florida.Now, we are definitely going to get a real ...
Cameron Geisler
Creative financing strategies for our Mexico casa?
Hi all. Long time lurker here, I've found a lot of value in the forum over the years - thanks for that.My wife and I are 32 and purchased a quarter acre of land near the beach in Mexico several years ago for 70k USD. ...