Reggie Maggard
Strategies to sell someone on the owner financing idea
I am trying to acquire a small apartment building (11 units) and I need owner financing to make it work. How do I assure them I am a man of my word and that there will not be any hitches in this deal?
Julio Gonzalez
Top Home Tax Deductions
Your house isn’t just your haven—it can be a financial asset too. Here are 10 tax tips every homeowner should know:1️⃣ Mortgage Interest Deduction: Deduct interest on loans up to $750K!2️⃣ Property Tax Deduction: Clai...
Pat Jackson
BRRR method, HELOC instead of Refinance?
First off, I agree with @Brandon Hall, it should be the BARRR method! If you haven't read this article, do so.https://www.biggerpockets.com/renewsblog/forget-br...Here's a quick recap on my situation:My property in M...
Suki Su
Hard money loan first time investor
I am interested in applying the brrrr strategy with residential multi-family properties and would like to use a HML. I understand that if I am doing this for the first time the HML is going to want me to put about 25%...
Tim Emery
How much is too much interest?
How much is too much interest? I'm looking at an opportunity on a property that I want to buy. It looks like I can make $100k net profit if I put in $200k of my own money. But, if I put in 10% of my own money I can ma...
Lilly Fang
Is it good to do cash out refinancing now?
I have a rental property with about 82K mortgage left (interest rate was 2.85% 15 yr fixed). The property is worthy about 400k now and I intent to keep it for years. I don't like to see the cash stuck in the house, bu...
Nicholas Caldwell
My plan to use 100% OPM to fund my first deal. What am I missing?
I Noticed a bandit sign for an "Investor Special", so in the spirit of hustle I called immediately. The property is a 3/2.5 that needs moderate rehab; can easily add a fourth bedroom and turn the half bath into a thir...
Devin Mann
how expensive is hard money?
say they are offering 4 points with 12% interest on a hard money loan and they are offering 70% of arv.this SFR is worth 300k ARV. Im purchasing it for 170k. Now how do the costs lay out? i pay those 4 points...
Kennesha Powell
No Doc Cash Out Refi Needed
Good Afternoon,
My partner and I purchased a SF home to fix and flip. The house was under contract a couple of times but never made it to closing. We closed a year ago and out interest only loan will mature on Sept. ...
Jacob Simpson
How to Fund Commercial Purchase and Renovation?
My partner and I are evaluating a 2 story commercial space that is zoned Mixed Use. We are considering having Office Space/Retail on the 1st floor and then Apartments on the 2nd floor. What are some options that you h...