So our first BRRRR property was moving along great. We paid cash and renovated and received a great appraisal. Lender said my retirement account would count as reserves (since we would spend most of our liquid cash on...
Hey guys, thanks in advance for the help! I am a little confused as to when/if I should refinance my home. I purchased it via a VA Loan back in Oct '17 for $210k with a mortgage of around $1515 a month and a 3.75% int...
Looking for advice as I'm starting my long-distance real estate journey. Since I am investing out-of-state, house-hacking and putting down the 3% downpayment is out of the question. My first option is to go for a lowe...
I'm purchasing a home in a suburb of Cleveland with Hard Money. My original intention was to flip the property and use the proceeds to help purchase a small multi-family home but am now considering holding the Single...
Hey everyone.
First time posting. I've been pouring through the BP podcasts and have heard almost all of them. I had a question that had probably already been asked, but I haven't had time to sit down in front of th...
I've read how people create an LLC for their REI adventures and secure commercial loans versus getting conventional loans under their personal names. To my understanding the commercial loans closer quicker and are an ...
Hello, I am new to real estate with a quick question upon the BRRRR method and the cash out refinance. If I buy the run down property out right with straight cash do I still have to wait the 12 month hold of ownership...
I can foresee a real estate path that allows me to leave my W2 job and the thing that keeps rattling around in my mind is that having a W2 makes getting a conventional loan possible/easier? For those that leave a trad...
What's the best way to finance a rehab? I am planning a house hacking strategy and I am specifically looking for properties that I can add value to (by adding a bedroom, bathroom, etc). The thing is that I do not want...
My wife and I want to get into flipping houses. We are thinking about buying a fixer upper that we can stay in while we remodel it.We live in Houston, TX/Galveston, TX area and have 15K in cash, so we'll need a loan t...