Ryan Morrissey
Using 100% LTV HELOC to jumpstart REI
Hey all - I am currently pursuing a 100% LTV HELOC on my primary home that was/is a live-in flip that we decided to stay in for an extra 1-2 years. I plan to use the HELOC to essentially act as my own hard money lende...
Tim Blanchard
Off market deal….SubTo?
We have a potential off market deal with a neighbor coming up.They have an STR next to one of ours (both perform well). They just moved out of the area and are thinking about selling. I’m wondering, since we’ve been p...
Christopher Cole Carcich
Private/Hard Money lending downpayment
Landlord is selling the 2 family NYC home we live in & the lady and I are trying to figure out how we can buy it to use as an owner occupied property. The house is in a neighborhood that is quickly growing in popu...
Richard Edgar
Asset rich/Cash poor situation
I’m a new investor. My family has a family farm consisting of 3 parcels of land. 2 parcels are owned free and clear. Each parcel is worth roughly $350K. That said, we’re currently cash poor. Any advice on the best way...
Jason Xue
LLC's and Bank Accounts
How do you all deal with multiple bank accounts if you own multiple properties in different LLCs?Long story short, I am creating a New Mexico LLC to be the holding company and owner of children LLCs created in the sta...
Steven King
LLC
To my seasoned investors, do you recommend setting up an LLC or some type of corporate entity? The plans are to acquire rental properties, but with the income generated would it be better to have a business overseeing...
Duane Gunkler
Slow Paying tenants - thinking about just selling the place.
I have a 2BR/2.5BA townhouse that I have had the same tenants in for a little over two years. They've been late on the rent forever, and have slowly been slipping further and further behind. I am just not seeing any...
Ryan Cameron
Reinvest or Payoff Debt?
I felt like this would be a great topic for BP's Pros and Newbies to discuss.With $20,000 in cash and $20,000 in debt (Existing loan on a rental property @4.75%)Would you use the $20,000 to purchase another property o...
Benjamin Vasquez
Should i buy a home or investment property firts?
hello, my name is benjamin and I am 22 years old.Ive always wanted to get started in real state, and I’ve been saving for an investment property and get started.The problem for me comes now when my family wants to buy...
Hai Loc
Combo Mortgage Refi+New Acquisition
Has anyone out there try and refinance their asset to purchase another property and bundle both properties into 1 mortgage? You obviously need a lot of equity in your current asset to even consider. I have about 75% e...