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. ...
Jimmy Yu
CA resident buying out OOS
Good evening guysI live in CA and wants to invest out of state purely for cash flow after BRRRR what market do you suggest?My budget is 100k for the purchase and remodeling all together, I plan to use cash to fund the...
Rob Randle
Purchasing with Cash Questions
I just found a private money source that will offer me a nice sized loan at a good rate. I have only used conventional financing previously and am trying to gain a better understanding of buying cash.1. Do I use a R...