Charlene Stovin
First Time Property - Forming an LLC
Hi all, have another oneI was in the process of registering an LLC for my investment properties; I don't have cash, and financing I have heard for an LLC will be much more difficult than if I were to put the property ...
Lawrence Cox III
Should I keep, sell, refinance, or make extra payments?
Hello everyone,I will try and be brief.I am in the East Houston, TX area. I am 4 years into a fixed 30 year mortgage. I have a 5.875% APR with $107,500.00 left to pay. Original loan amount was 115k. Appraisal shoul...
Brandon Beaudoin
Analysis Paralysis - Upgrading from SFH to MF Commercial
Happy Sunday BP!I need some feedback from the community here, an intervention of sorts. I'm on the fence here regarding some options that I have so I'd like to lay my position on the table and get some feedback from ...
Adrian Jones
How to refi cash out when you are an investor with limited income on paper?
Good day Bigger Pockets family,Question for my seasoned investors. I left Corp America 2.5 years ago. I now have a portfolio of 11 condo's in Southeast Washington DC, and 2 tenant occupied SFH's in Charlotte. I have a...
Will Gaston
How should/could I ask my note holder for a discount?
All:I have 2 seller financed properties that I am looking to refinance with my portfolio lender to take some cash out. Both of these properties were purchased in early 2016 from two different owners. Note #1 is a 20 y...
Matt Westphal
1031 exchange and Brrrr.
If I sell an investment property and put the equity into a 1031 exchange can I use that to pay cash for a house and brrrr?
Chris Brenner
Creative financing. HOW?!
Hey there! I have a weird creative financing question for you. Have you ever heard of a deal where the seller carried the financing? Like say I dont have 20% down on a 100000 property. The seller has 100% equity the p...
Chuck K
Getting started in real estate investing-Need advice
I just purchased a new residence and I've been debating what to do with my older residence. I thought it might give me a "foot in the door" into the world of real estate investing. I have about 50K of equity in the ...
Lem Diaz
Should I go HELOC, hard money, or some other vehicle?
I'm looking to buy a 2nd property which will become my primary residence (SFH or Duplex). Here's where I'm at with my primary residence:Appraised value: $1.189MLoan balance: $574kMy question to BP folks is what are m...
Rafael Zavala
Sell house hack ,avoid capital gain tax or hold it as a rental
i bought a house that im house hacking for 26,500, put in about 6k in it, (materials) , mostly was sweat equity. I could sell it now , i lived in it for 2 years, selling price would around 89k, by selling it now i co...