Mark J.
Running out of Capital- Need Advice
Hello,I started investing in buy and holds a couple years ago and looking to ramp up this year to hit a cash flow goal. I'm hoping to close on my 4th property next month and actively seeking to add 3 more as soon as ...
Clayton Jeanette
HELOC on Owner Occupied Triplex
Hi BP I currently own a triplex in Tucson AZ where I live in one of the units. The other two are currently leased out for the 2017/2018 and I have 25% equity in the property. My question is can I take out a HELOC on t...
Stepha L Lockwood
House value doubled-take out HELOC and rent or sell?
Hi all! I started my RE investing journey about a year ago but was majorly derailed by job and family circumstances, and now a huge decision has brought me back into the game fortunately, and I could really use some ...
Latimer Luis
Financial Planner Advised Against New Investments
Really quickly about myself: 36/married/california and started in REI (out of state buy & hold) about 2.5 yrs ago. I started looking for a CFP just to get a third party to look into our finances and advise us on w...
Chris Wilson
Quick Strategy for Acquiring properties using HELOC
Objective is to obtain properties via a conventional mortgage. Fannie Mae and Freddie Mac allow you to have up to 10 mortgages under their guides. These offer the best terms, in regards to rate, fixed 30 year term, an...
Matt Bailey
Best self-directed 401K/IRA - who do you recommend?
What self directed 401K/IRA do you use?Can you rollover a sep IRA into self directed?Can you roll your W2 401k into self directed?Anything to watch out for with this process?Thank you!
Don Harris
Default borrower has offered to quit claim deed back
I have two notes in default. I've done multiple transactions with both borrowers. One is in a judicial state and the the other is in a non judicial state. In both cases the borrowers have offered to Quit Claim deed th...
Stephen Chu
History lesson: Lending during recessions and melt downs
My RE education is young, and I want to learn not just what is currently happening, but also during hard & tough times in the past. As someone famous once said, "... not learn history ... doomed to repeat it."We a...
Phil Damjanovic
Need advice on an owner finance offer
Hi all,
I bought a duplex for $60k back in May with the goal being to make a cash flow stream, but since the market here is hot this year I've decided to see if I can't sell it. I put it on the market about 3...
Sean Davis
Can I make a deal out of this?
Hey everyone!
Here's my issue. I met a seller a couple weeks ago before I had much knowledge about the business. I was interested in wholesaling his house for a small profit or around $4,000. He owes 68k on it an...