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I am just doing some research on this strategy. If you get HELOCs on your investment properties please let us know what bank or institution you use. Also what is your strategy in using your investment property HELOC?...
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Has anyone ever encountered a situation where a realtor has turned down an offer because the EMD was not 5% minimum and then proceeds to insult me in writing with a text message? ( Nowhere in the listing did it say m...
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I have an old triplex with laundry for tenants in the basement. The basement steps are pretty steep and also have low headroom. If a tenant were to get injured on the staircase, would I be liable for the injury? Is ...
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Hello BPers,Thanks to the advice and inspiration from these forums I am now at the point where I would like to partner on some deals. Because these deals are relatively small, I assume they will be recourse loans. If...
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Is it possible to pull cash out on a purchase?
Heres the Deal: Purchase Price = 45k
Estimate Value = 70-80k
Three Family 1st and 2nd floor rented out for 450 each. 3rd floor is vacant.
M...
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I joined this group with the hopes of starting a Real Estate Investment business soon so that I can step away from the corporate life I have lived for more than 30 years.It's time for me to try something new...oh, whe...
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I'm looking at a flip opportunity with an experienced builder in Palo Alto, CA. This is a high end flip very close to Stanford University on College Avenue. It is priced at $2.5 Million with a 7,800 SF Lot. It woul...
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I am in the process of analyzing a deal for a possible back to back closing.
One area that is unclear to me is what fees I need to account for on the A-B and B-C transactions.
Example closing costs, realtor commisi...
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I have set the goal to begin investing in multi-family real estate in 2019. I wIll likely start wIth 3-6 unit properties. I’m looking for information on my different loan optIons. Freddie Mac, Fannie Mae, conventional...
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Super Jumbo mortgage loans and lenders can vary widely in their rates and qualifications. One observation in working with higher loan amount borrowers and lenders recently is that rates can often be LOWER than convent...