Jarrod Settle
I'm a rookie, there is a 4 building deal that's out here
I'm looking for knowledge,to help to potentially close the deal. Im Still doing the due diligence to make sure it makes sense
Ben Parrish
To flip or Rent?? East Memphis property
In June I purchased a house in East Memphis (Colonial Acres) for $77500. I completed a full renovation of the property and am now all in for about $107,000. I have a potential tenant that will sign a 2-year lease fo...
Lynn Gadd
New Construction Home- financing best? 401K, stocks, equity loan, construction loan?
Just trying to get some ideas on construction loan. I am thinking about building a house in Austin area (lot not purchased yet either). I am trying to think of what would work best- one time construction loan, borro...
Andy Wilson
Retirement account in a small bank
Hi BP,I have 25K in Huntington bank, which I think is a relatively small local bank. Should I move my retirement account to a bigger bank or wouldn’t it be affected by the potential local bank crisis? I had to move my...
Claudya Richardson
Should contractors for flipping be licensed or unlicensed?
Received advice that my general contractor should be licensed to prevent me from legal implications after sale. I've ran into so many people that had problems with their home after a flip or a flipper used non license...
Brian Howse
Rent / Condo / Duplex?
Hello BP community, looking for advice on this topic!
- Context: "Girlfriend (23) of 3+ years is moving here in CLT- February 2025. Me (23 years old) been living here for 9 months now. Planning to be livin...
Jose Leandro Gobea
Deduction related with the purchase of a property
Hello guys, I have a question. When I buy a property how much can I deduct in average from that purchase for that year or what thing related to that purchase can be deducted.. ( example: the down payment?) Also, ca...
Kelvin J.
Problem with high Refinance costs
Hi allI am looking to refinance my first rental as part of the BRRRR strategy but having real difficulty finding cheap finance (see below for a typical option). Even with a 780 credit score and no debt (other than the...
Betson M.
Can you take out a HELOC on an investment property in Texas?
Hello All,I recently moved to a new house and decided to rent my old one. I wanted to see if it's possible to get a HELOC on the rental property to buy another one? I refinanced to a mid 2% rate a few years ago and di...
Kyle C thomas
How to refinance a 4 plex apartment
Need help finding a lender that will refinance a 4 plex apartment building to pull out cash? Bought last year with seller financing and can’t find lender that will lend, my personal credit is not that good has been th...