Tim Lee
First time cash out refinance
I'm an out of state investor and I have 2 rentals in DFW. In 2022, I'm looking to do a cashout refinance. I purchased one with cash and the other with my HELOC. Since it's my first time doing a cashout refinance, a...
Michael Cortez
SHOULD I DO A LINE OF CREDIT ON MY RENTAL?
Hi all, newbie here with a question. I took a HELOC on my primary residence that went towards purchasing my first rental. I'm renting it out for $1400 and my mortgage is $836. From that cashflow $215 is used to pay th...
Wyatt Anderson
Invest or dream home?
Hello, I am currently in the military, active duty. I have been in for seven years and I don’t see myself retiring from it. I have a pretty good résumé and I like to think that I have a good chance when I’m out. With ...
Felix Rodriguez
First Investment/ Single Family House-Hack
Investment Info:
Single-family residence other investment in Portsmouth.
Purchase price: $240,000
Cash invested: $1,000
4 Bedroom/ 3 Bathroom, 1768 sqft
What made you interested in investin...
Joseph Turano
203k Renovation in Chicago- Advice/General Contractors
Hi people,I'm looking for any and all advice regarding the FHA 203k Loan/ Renovation process for multi-unit properties in Chicago. If anyone has experience (positive or negative) i'd be curious to hear what it was lik...
Jacob T.
Stuck trying to get number 4
I keep scratching my head on how to move foward. I lost everything 4 yrs ago in a divorce and I am trying to inch my way back and make a good future for my kids and family. Here is my scenerio. I am hoping someone ca...
Bryan Frost
Will Opendoor permanently disrupt the real estate industry?
Now that Opendoor is a public company we are seeing more information about their business strategy and overall financial metrics. The company flipped roughly 18k homes in 2019 and pretty much broke even doing so. The ...
Marcus Holloway
Refinancing a seller financed rental
Hey BP,
I'm in the underwriting stage of what is now been a 4 month refi process. I'm using a private lender. I started the process by explaining to the lender that I'm seller financing a property in hopes of BRRRRi...
Padric Lynch
A seller financed my deal, now they are sick and want equity
What's the right thing to do in this situation? A seller carried the note when I purchased her property last year. She called a couple months ago to tell me that she has cancer and that her life has changed so she wan...
Jamaine L.
How to became a successful at wholesaling
Hello, I wanted to know if it is still possible to run a successful wholesaling business in today's market. I really want to close my first wholesaling deal in the next two months. I was looking for some advice on how...