Mitch Kennedy
Minor hiccup, what would you do?
Hey Everyone,I’ve been looking at house hacking a duplex in the Twin Cities area, mainly near St. Paul, with the intention of putting 3% down (There’s a credit union through my work that offers this program without PM...
Kel S
What is a hard money lender?
Trying to learn a bit of the terminology and meanings. Can anyone explain this? In my mind I imagine a loan shark :mrgreen:
John Caleb Pavlus
Cash Out Refinance - Local Bank or Institution ?
BP,With regards to multi-family (2 - 4 units) My experience has been that local banks are not offering cash out refinance on the residential side due to COVID-19. For the duplexes and quadplexes that my business part...
Joe Boggin
How should i move forward
I have been reading for some time and i pulled the trigger on a property. i would love to buy another rental or two or ten over the next couple years but i dont know how to move forward/how to fund my plan.
...
Ryan Mackfee
Cashing out to buy another property
Ok...so now I have three rentals and they cash flow pretty good but i am tapped out on credit and because I paid cash for the last property I dont have any more to buy another property. What Iwant to do is do a cash o...
Jason Marshall
Owner-Occupied Single Family Home Earned Quick Equity - What Now?
In February of 2016 I closed on my first single family home. I have lived there and I have rented 2 rooms since day one living almost for free myself. I paid $150,000 and now it is worth an estimated 185k-195k due t...
Maurice W. Evans
Is seller finance lease option what I thought?
Anyone willing to help me understand a method?Seller finance/lease option with motivated or foreclosure?Somehow the owner is paying you to buy/flip their house with no cash from your pocket????Heard briefly, but didn'...
Sviatoslav Gulko
Newbie Looking for Advise
Hi everyone! I'm a new member on BP and try to get into real estate but not sure what best option for me.I live in North East Philadelphia PA. I'm renting apartment for which I pay 900/month + all utilities. I had sav...
Kevin Sharkey
Business tracking & software without the high subscriptions
Hello,Looking for insight of affordable accounting and business software for a start up company - covering everything that's needed in running a successful business in todays market. Hopefully someone can help - looki...
Richard Hammac
Newbie Financing - Commerical Loans for multiple SFH?
I can't remember which BP podcast that I was listening to, but I thought I heard correctly that it's possible to lump 2 or more Single Family Homes together on a COMMERCIAL LOAN? I'm somewhat new to REI, its lingo an...