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In lieu of drumming up cash elsewhere I'm looking at cash out refinancing a home I'm currently rehabbing. I'm not overly concerned with max ARV at this point. Numbers: 113k purchase, ~40k rehab, 300k ARV. I have ~20-3...
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Afternoon BP!In my life I've always found that I learn best by doing. Now the difficulty is that it's difficult to do anything in the beginning. I recognize this, so I'm trying to resolve it. I would love to find a...
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Hi all - I'm a relative novice on the subject of using an IRA to invest in Real Estate and am familiar with the basics.I am in partnership with my father in "XYZ" LLC. Our LLC presently owns 4 properties (1 duplex, 1...
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Hello BP community,
I had several recommendations from people on reddit/insta and got to reading "Rich Dad Poor Dad". This book was a light bulb moment for me, and I realized i am a fool for letting my money sit in t...
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Meeting with a seller tomorrow based on Michael Quarles' advice on marketing to 65 and over with equity.
Home worth $450-500K as it sits now.
Owner bought in 1988 so nearly paid off.
Took $125K lo...
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Hey, has anyone secured any loans/deals even when their credit score was too low? If, so how did you do it?currently looking to buy a fix and hold or multifamily with tenants in place or single family with tenant in p...
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I am starting to look into properties to buy, and have a question for those who have already gone down this road: is it better to buy two small multi-family (say, duplexes) or one larger one (say, 4-6 units)? What are...
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I’m considering cashing out my 401(k) and IRA funds to invest in more real estate and would appreciate any advice or insights on whether this idea is viable.
Current Financial Situation:
Significant savings in 401(k...
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Hi! I just got preapproved from the lender today for my first rental property! I haven't bought a house since my primary residence in 2007, so this financing part is new to me. It seems like traditional lending is ...
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I know many banks and CUs will not do HELOCs on investment properties but I have also heard here and elsewhere that many do. However, now that I am actually looking, I am having a hard time finding any and can't locat...