Adrian Hildebrand
Using personal funds to pay off HELOC or cash flow from rental?
Hey everyone! Probably overthinking this but if you used a HELOC to pay for the down payment on your investment property, did you use the cash flow from your investment to make the payments on this or did you use pers...
Essien Benjamin
My First House Hack In Everett, WA
Investment Info:
Other buy & hold investment in Everett.
House hacking a 3 bed 2 bath condo in Everett, WA. I live in the master bedroom and I rent out the other two rooms.
What made you interes...
Robert Mccorkle
IS THIS A GOOD FROM HARD MONEY LENDER!!?
HELLO I RECEIVED A DEAL FROM A HARD MONEY LENDER. DEAL: 70%(10K MIN DOWN PAYMENT) + 100% REHAB AND TOTAL LOAN AMOUNT OF 50% ARVSCOPE:PURCHASE 40KREHAB 40Kest ARV 126KWHAT DO THESE NUMBERS MEAN AND WHAT WOULD BE THE TO...
N/A N/A
Mortgage Rates fall again
Hi,
Today’s current rate for FHA 30 Year Fixed is 6.250% (APR 6.256%). Payment per $1000 (including the low monthly mortgage insurance) is $6.58.
The open mortgage insurance is 1.5% of the loan amount and is finan...
Percy Yarleque
Wholesale Owner Finance
Hello Everyone,I just recently landed my first owner-finance deal in Atlanta, GA. I need help drafting up a contract, and was wondering if someone, who has done owner-finance deals before, would be able to share with ...
Account Closed
construction costs in East LA (multifamily 50 units)
Hi BP,New member here. Looking to learn about construction costs in San Bernardino area. Rough $$$ per square foot for construction and what the breakdown is between payment to GC and payment to subs.2-3 storiesPret...
Leigh Jones
50/50 Partnership Question
In Brandon's books/webinars, he talks a lot about how he made his first deal. The partner brought the 20% down payment, Brandon took out the mortgage & did the management. Cash flow, expenses, & future equity...
John Smith
Buying a Primary Resident would you put 15% down or 20% down?
I want to buy another Primary resident this year in 2020. Which Scenario would you pick if you had ~125k Cash? Potentially I would live in the primary resident for at least 3-5 years.
A) Buy $500k house, 15% dow...
Nicholas Sheridan, Jr.
Appropriate Partnership Structure
I am in a position where I have a silent investor (I am doing all of the work) who wants to get involved on the next deal and will be providing all of the capital needed for closing and the down payment. I am planning...
Scott K.
Cash out refinance costs
Hi all! I'm trying to understand how a cash out refinance typically works.
Let's' say I've refurbished a property, its ARV is $100,000, and a bank will offer a 70% loan-to-value cash out refinance.
Would this mean I...