We bought our primary residency in 2017, we recently refinanced (Nov 2021) to get rid of PMI, but did not add cash back. We owe 321K and the market value is estimated between 600-700 (we did not need an appraisal for ...
Hello, everyone! I have NEVER tried to raise capital because I have never needed to, but there is an opportunity that I feel compelled to jump on and I NEED to learn how to raise the capital and connect with people wh...
When doing a cash out refi on a property where the cash out amount is more than the amount originally invested, how do you split the cash out amount between the investor(s) and GP? Would the investors get the full cas...
Hello everyone! I have a few questions about the 203k loan. My wife and I have found a duplex in our market that we want to purchase for our 1st rental property. It's older and needs a lot of work but has been on the ...
I heard there's a difference between cash out refinance to only refinance? Do seasoning time has to do with it?
I have 60k in equity in my house. Im thinking of building a 2 bedroom 1000sq foot guest house and renting it out. Is this a good idea?
Hi BP Community,I purchased a SFH a little over a year ago and have been watching my neighborhood and home values go up in the area. I bought the SF for a discounted rate and know there is probably 20%+ of equity in i...
So I have done three deals in my first 2 months of wholesaling and now it seems like super motivated leads are coming harder and harder to find in still setting appointments and giving offers on every appointment I ha...
I am raising money for a fairly large project and looking to structure payouts with investors. It is mostly buy and hold with a little work to be done. We agreed on a preferred return of 7% and a revenue share between...
Hope this is not a silly question, but can you pull equity out of a home that has a mortgage? I was told by a real estate agent that you cannot. If I purchase a property with a loan but I'm paying a mortgage, can I pu...