Andres Perez
HELOCs, how soon can you get one?
I am looking for a method to get the equity out of a cash-purchased home ASAP. A regular bank cash-out refi requires at a minimum six months of ownership.I was thinking of using a HELOC to get the equity out. A quick ...
Kyle Woodruff
CAP RATES for evaluating a properties value
Hi Everyone I hope all is wellI am in in a tough spot. I am trying to determine what my property would be worth if I raise rents and do some value adds. But I'm coming up with a number that is way higher than I deserv...
Ryan Kroeger
Newbie Real Estate Investor Looking for Guidance
Hey Milwaukee Friends,
My brother and I are currently in the short-term rental business. We are looking to expand our business into owning our own real estate. Single family or duplex to short-term rent would be i...
Matthew Do
Cost of Joist / Structural Repair?
Hi, first post so I hope this is the correct forum. Situation: Typcial two-story Philadelphia row home. Second story beam at the stair is sagging / deflecting. Was previously supported years ago with lolly columns at...
Wade Tearne
New B.P reader, looking for advice!
Hey guys,Been listening to audio books and felt it was time to reach out and join the forums. Just wanted to introduce myself. My name is Wade, I am a 29 year old based out of the interior of B.C, Canada, and I am a b...
Hank Walter
Local Bank Recommendations
I'm trying to acquire some small multi-family on the west side of Cleveland and some spots in Akron, I've been trying to get in contact with a couple banks in the area... First Federal Lakewood, Buckeye Bank, and a fe...
Anthony Vander Meer
Appraising/valuating a 8 unit apartment building
hello all, I have an accepted offer on a 8 unit apartment building. I'm paying cash then doing a cash out refi. I am concerned the appraisal will come back low due to past small unit appraisals. What is the average...
Daniel Gast
Stepping in from the cornfields
Brrr, cash flow, security. These are some of my favorite things. I live in a town of 32,000 people in North Central Iowa. Hailing from a large upper lower class family of 8, we didn't always have enough. This is my ma...
Michael Mikhail
The Difference between a Borrower & a Real Estate Investor
The real estate world can be complicated. There’s a significant amount of terms and concepts that you need to understand to be successful in the field. Real Estate Investors, borrowers, and entrepreneurs are some of t...
Alecia Loveless
Prospective Tenant Troubles
I’ve got a tenant who wants to end her lease early and she found a new couple to replace her so I have agreed to this pending their approval of my screening process. Prospective Tenant #1 who I have had all the contac...