I understand that if you buy a property in cash, rehab it, and then take out a loan against the property, you take more money back out because of the greater value of the property after rehab. Is it not possible to ta...
Hello All! Just wondering if everyone else is running into what I've been running into. Called a couple of mortgage brokers I've used before (big ones) to see about a cash-out refi on a property so that I could extrac...
Greeting BP Fam,While saving for our dream home, my husband and I decided we'd house hack our first home. My husband's now "former" employer failed to provide his corrected W2s and his most recent pay stubs for the pa...
Hi, as a Canadian citizen living in Canada, I want to invest in U.S. properties. I like the BRRR method but thought of one potential hiccup... to buy the property, I'll use private money, but when I refinance, will a ...
I purchased a condo all cash in 2014 as a buy and hold. I quit my full-time job and now do real estate full-time but don't have the two years as proof of income to pull the cash out of the home to buy my next property...
I recently did a survey of all of the hard / private money lenders I know in the industry. I also posted the survey on LinkedIn to get answers from the hard/private money lenders I don’t know. The question I asked the...
Is it typical to have to put at least 10% down to purchase a property to rent? If so is there any other way to buy with nothing down? I'll be buying my first property so I don't have refi options or second lien opti...
I got inspired the other day when I read an article on a guy who bought 44 units in about 5 years, started at 20.I found a neighborhood were the houses are selling around 35k and the rents are $700! I got so excited I...
Here, I'll start:
1. Always do your due diligence.
2. It's better to overestimate than underestimate costs.
Hi All,
Last year I purchased two SFH as rentals and I am looking for more. I sought some advice from a few coworkers whom are knowledgeable in the RE field but were big talkers and word quickly spread about my inves...