Tim L.
Can someone help me with cash-out refinance?
Hi guys, stupid question time. I'm looking to refinance my rental property, in order to free up cash to purchase my next rental. I was wondering if someone could help solidify the numbers for me.Original purchase pric...
Osazee J Osagie
Check if the new moratorium affects your county- CDC map
If your county shows as blue or yellow. The new moratorium DOES NOT affect you.https://covid.cdc.gov/covid-da...
Kevin King
How to Qualify for higher loan amount as a business owner?
Hey guys,So I own my own business, and last year I purchased my first home and investment property (a duplex). It was a little tricky getting a loan as I own my own business and I pay myself periodically, about $100k/...
Andrew DeWeerd
Expectations when buying from wholesaler
Hey BP!I’ve got a friend who just started wholesaling and got a off market deal under contract that’s also a great deal for me to be a BRRRR or flip home run. It’s his first wholesale deal as well as my first time bu...
Shehryar Iqbal
How do you know if a seller is in pre-forclosure? Seller finance
Hey Everyone! I am looking to find people who are facing foreclosure and have a little mortgage left or owe back taxes and may be in pre-foreclosure due to that, and possibly buy their house with seller financing. I k...
Domenick Cava
Out of state investing and business write offs?
Hey everyone. I am looking for some CPA, legal, or experienced advice on business write offs when investing out of state. I am currently looking at out of state investing and would like to parlay that opportunity to...
Meg Roman
Wholesale contract example? Seller and Assignee only
Hi - I'm looking for clarification on wholesale contracts. Each contract example that I've seen has three parties: Seller, Assignee and Buyer. If I understand the process correctly, I, as the Assignee, will first ente...
Andrew Merritt
Quitclaim to LLC, Due on Sale Clause Triggered
Hello, I have four properties and 10 units. All were purchased in my name. My accountant advised me to set up an LLC for them, so I did. I contacted my lenders to see if it would cause the due on sale clause to be ...
Account Closed
Note investing with little to no experience.
An agent shows me a deal. I buy the note for a multi family for 18 months. I attract all income with the current tenants already established in the property. Is this a good deal for a first time buyer?
David Acra
Building a relationship with a lender
Good day BP!
I'm am starting to build my work team and wanted to see what success folks have had with establishing credibility with a lender. I have capital to back up my investment but know that is not enough. Since...