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Hi, I have 2 rentals in GA with about a total 150K equity. Both rentals have good cash flows, and both loans are in 4% interest range. Should I refinance them and use the interest-only option? I need cash to reinves...
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Hello. We inherited a home from my dad and we're not sure if we're going to flip it ourselves or sell it as is. It's a site built home and not in great condition. The issue is that he has 2 old mobile homes on the ...
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What software are you using to track expenses for accounting and tax?
Hi everyone, I'm interested in investing in pre-foreclosures but know that I don't have the education required. I'm wondering where I could find a mentor to help guide me and show me how through real life experience....
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This is more of an informative question for a contractor to be working with a developer. Since my journey on trying to get into RE, I stumbled on the power of OPM or from lenders. Ever since our company operated, we h...
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Short question: Is it possible to refinance a property purchased under 1 LLC, but JV’d with a partnered LLC (not on deed) into a long term mortgage? Purchase a property on hard money with intent to flip. Partnered wi...
I have done a lot in other "portions" of real estate, REO's, flipping, wholesaling and a few other things but never pre-construction. I am not going to get into it but I know of a few people with Buildings that are in...
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What are the attributes necessary for becoming a “full time” real estate investor? We’re not talking about being a flipper, wholesaler, broker, or having a real estate “job”. We’re talking about someone who makes th...
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Good Morning BP,I have found a vacant property that is bank owned. The bank has said that it will be going on the market very soon & that I can be the first to place an offer. Can this be a wholesale transaction? ...
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Alright, very exciting stuff.I flipped a house last year, and during the sale put it up on AirBNB hoping for a bit of cashflow during the sale. The property did excellent, and a buyer fell through. My long time girlfr...