Huy Thai
WHAT'S THE WORKAROUND TO GETTING PURCHASE + REHAB INTO DFE???
BP,I searched the forums last night but couldn't find the answer. Some have asked this question in some form or another but here goes again.PRO: I want to pay cash to get the deal and close quickly. CON: Because I use...
Robert Reineri
Solo 401K Loan Question
Can one take a loan from the Solo401K in the current year, and use a distribution from the SoloK to pay back the loan in a future year? For example, if I borrowed $10,000 this year, made payments each month until 2019...
Reece Bierhalter
Landlord Action with Security Deposits
I am always looking for ways to leverage. As a landlord, the more properties you acquire, the more cash you will have to deal with and store. With every rental comes a sizable security deposit that you will hold ont...
Matt Rutter
Short-Term Loan Agreement
Hey Everyone,We're looking for a short-term loan document to outline the terms of a private loan.Without going into too many details, we are in the process of acquiring a new MFH rental property and borrowed about $60...
Marissa Carroll
Buy Rental Near New Luxury Apartments?
Hey BP!I was wondering what everyone thought about buying a unit that backs up to a new Luxury Aparment and mixed development complex, and what that does to future values and rents. Here's the general info on the situ...
Lorenz Cornelis
Refinance a 17-year fixed rate loan
Hi,I bought my first two rental properties when I was 21 years old. Since I was still studying and did not have a fixed income at the time I had to negotiate a 17 year long loan & 2.85% fixed rate interest. Althou...
Jack B.
What are the monthly costs associated with being a realtor?
I’m planning on taking the 90 hour training course so I can sit for the exam and no longer have to rely on realtors for open houses, MLS listings, etc. But before I do, what can I expect as far as monthly fees? From w...
Devon Carlock
Home Equity Loan Qualification vs.
I would like to take on real estate investing full time. I have two options I am considering: 1) Sell my house to get cash to work with. Rehab a property, then create a traditional mortgage to pull my cash back out...
Matt Leonard
Cash-out refi on primary, to pay off/down rental ARM?
This makes sense to me - but would love anyone else's feedback. Thanks in advance!I am in process to cash-out refi my primary ($850k value, $240k owed, 3 years in on a 30-year fixed at 3.75%) - at a 30yr fixed at 3.4%...
John Morgan
How to finance deals with a high debt to income ratio
Good morning BP!!!
I have recently run into an issue that I rarely hear spoken about on podcasts or on the forum but I’m sure someone somewhere has had the same experience. I am currently a college student finishing ...