Benjamin Hirsh
Seeking Competitive Lender to Finance Completed Renovation
Hi
I am a REI and W2 earner with a solid income and credit score. I own 7 properties. I have 2 properties I am currently renovating (all-cash purchase). I am looking for a competitive local lender who can finance th...
Khurram Mirza
Refinance primary home to invest
Hi guys, wanted to know some thoughts on raising cash for a down payment for a rental by refinancing my primary residence. This is a strategy that is not discussed often compared to using HELOC. Is it because of tax t...
Randy Rought
hold or sell
I bought a foreclosure Condo (2 bed/1 bath) in Colorado Springs a while back for $50K cash. We have been renovating it and I have been doing the work myself because right now I have the time and luckily enough the tal...
Alex Silang
The dangers of leverage? Could someone explain?
I don't completely understand this and need someone to explain it to me.
2 people have 50k equity in their 100k home. 1 decides to refinance and cash out 25k and bring the house back to 75% LTV. The other is ...
Kostyas Constantine
Foreign national looking for Home equity loan or HELOC
Hi everyone, my first post on this forum. I'm hoping that someone here can offer some advice on a rather uncommon situation.I'm an Aussie passport holder with a non-immigrant b1/b2 US visa, so in simple terms I'm a fo...
Nick M.
Would you sell this building?
Would you keep for the long term or sell this property?- Purchased a 1960's vintage building, 18 units, in 2017 for $1.5M- In a major urban city in the northeast- Put $400K down and have paid down $100K in loan (so th...
Jim Truman
Reality check - evaluating properties, 25% set asides?
Hello BP,I am looking for my second property (SFH buy and hold) and would like a reality check on my set asides when evaluating deals. I'm not asking how much cash I should have on hand in reserves - we have plenty of...
Vincent Pelletier
House Hack/ BRRRR First investment
Investment Info:
Single-family residence buy & hold investment in Salmon Arm.
Purchase price: $360,000
Cash invested: $42,000
DId a House Hack/BRRRR. Bought a SFH and converted it to a up/down no...
Logan Whitlow
First investment at the age of 19!
Investment Info:
Single-family residence buy & hold investment in Pittsburg.
Purchase price: $25,000
Cash invested: $25,000
This my first investment property and it was a major project. I replace...
John Semione
Taking equity in exchange for doing all the work?
Hi BPers. I'm the broker for a SoCal student property management company and one of my clients is a partnership between 2 investors, one of whom just decided to pull out because he doesn't think their 2 SFRs are cash ...