As a new investor I am trying to fill my "Toolbox" to close as many deals that come to me. I have come across many ways to invest. I have learned wholesale so far, but would like to have another option for those tha...
HELOC for BRRRR?We are in the midst of securing a HELOC that we intend to use to pursue a BRRRR deal(s). We would like to use the HELOC becuase all-cash offers are king in our market and we also realize that few if an...
I'm a 1099 contractor.I won't be able to show income untill I fill my 2020 returns. I'd like to purchase a property however I won't be able to get a loan until I file. Are there any strategies I could use with a sell...
I am a new investor and i am intrested in a property but thw owner is on medicaid and can’t receive income above 2000 a month or she will lose her medicaid. We talked about seller financing and she said she was very i...
I have a condo of mine under contract. Everything was running fine until Underwriting wants to know about the 10% for reserves in the HOA account. The annual budget for the hoa is $850k so they want to see $85k in the...
Hi fellow investors!I am looking to add a 2nd investment property to my portfolio but I have no cash to do so. I have spoken to lenders about traditional financing and also DSCR loans. I have heard about doing deals w...
Hi guys, I just made my account but have been listening to the podcast a lot recently but have been hopeless in finding a deal in phoenix. Well, I may have just found a possible deal but am worried it is not a good de...
Hi! My primary home is worth about $2M and paid off. I would like to draw $1-1.5M from it to buy a multifamily property with a 1st lien HELOC. The problem is that my income doesn't support a loan of that size and I...
Hi All--my husband & I are in the process of selling our primary residence in Los Angeles. We have a lot of equity, we've been in it for 20 years in a trendy neighborhood. We bought the home for $230K. We may h...
Hello all, I'm seeking advice on a 10 unit complex with 8 1 bedroom units and 2 studio apartments. The complex is:$300,000Down $60000Rent income assuming $400 per unit= $48000 per yearManagement at 10% rental income $...