Account Closed
Funding Our Second Deal
My wife and I recently did a cash out refi on our primary residence and used the proceeds for a down payment on our first STR investment. We close on it this coming Thursday.
We ar super excited and I’m already l...
Chris Carrigan
LLC or Umbrella
Having a hard time making the decision on putting a new STR into an LLC or just getting an Umbrella policy. In NC it costs about $450 a year in fees for the LLC (Annual Report and Franchise Fee). I currently pay a C...
Kevin Escobar
Best way to access equity to buy more properties.
Hey Everyone. My wife and I currently have over $700k in equity across our 5 properties. We were able to fund the down payments for these properties all through our personal incomes. Our goal is to continue to expand ...
Kristin Solbach
STR to LTR - is it possible?
First time investor here that is feeling pretty stuck.. we want to get started in one way or the other with lot of different approaches and advice out there. We hired a tax advisor and were told to get an STR this yea...
Julez Seino
Aspiring Real Estate Investor Just Starting Out
Hey everyone, I'm very excited to start this journey in real estate investing. The 1st thing I know I have to do is get the funds. I'm shopping around for a Life Insurance policy to take out a loan against the policy ...
Trent Barga
First MF Deal - Need confirmation
Hey all have my first MF deal I'm working. It's a D property in a B+ to A area. Long term owners who haven't managed well. Not updated at all. Lots of value add here. Numbers: $700k purchase on 2 - 4 unit buildings (8...
Pamela Brady
Yayyy!! First Flip closed in Feb and 2nd Flip Started
I am so excited about Real Estate. This post is a little late but me and my husband closed on our first live-in flip in Feb. I was inspired last year when I went to a REIA in Bham and heard this man named Matthew Greg...
Account Closed
Bad credit & need 10K max to get inherited property ready to rent
Hi all,Not sure if I have any good options here but I inherited a property in zip 80003 and I'd like to hang onto it as a rental. I just need the 10K to get it ready. And my credit is terrible due to some bad times wh...
Jake Fugman
Delayed financing on cash purchase
Hey All, I have a scenario that I wanted to get advice on since there seems to be some ambiguity based on my initial conversations with lenders. If someone is looking to get delayed financing on a rehab purchase that...
Nathan Scott
Cash-out Refi in Reno, NV - Primary & Secondary - right choice?
Relatively rookie investor here even though we've been renting out a home for about 10 years. Originally this was our family home that we bought from a builder around 2005 and then took out a HELOC to do landscaping,...