David Thompson
How Many HELOCs can a couple (or their LLC) have?
Hello everyone,My partner and I are new to investing and are planning out our strategy. We are looking at the BRRR strategy. We are closing on our first investment (cash) in the next few weeks (waiting on the seller...
Christopher Canning
Local Lending for LLC
I'm looking to implement the BRRRR strategy on my first deal (SFH), but before I get in too far, I wanted to have a short list of local banks here in the Charleston, SC area lined up that could do a cash out refi for ...
Altaf Essani
Advice for 1031 Exchange Qualified Intermediary
Hi Everyone, I want to do a 1031 Exchange for a recent investment. I invested $50 K in a fix and flip last year, and it is about to sell in a couple of weeks, with a profit of $10K -$15k. I want to rollover the princi...
Chris Holston
First time buyer seeking council
Hello, I'm a first time buyer in KC with enough capital to cover 3.5% or 5% plus closing costs on a single family residence. Currently I'm living in a house with 4 other individuals, all young professionals... We get ...
Joshua Lafferty
Washer and Dryer responsibility
I inherited a tenant/lease.I am renting to a nonprofit, that places one of their patients in the rental (1 BR bungalow).There is a washer and dryer in the unit, and apparently there is something broke with the washer,...
John Paul
Using a heloc to become a lender
Just got approved for a heloc on my rental property my primary purpose for this was to use it towards real estate deals (fix-flips, str,etc) but someone suggested I use it for lending . No experience in lending never ...
Akmal Normuratov
Hard money, Lender for first time
What is decent rate for fix and flip who starting first deal. If Purchase parice around 150k and 50k rehab.
Rob Jafek
We might be back to 'normal', but the market is changing
A recent article I found interesting was published by Corelogic, and made two points: 1. home flipping has reached a post-crash high:and second that acquisition costs have marched higher for fix and flippers. And whi...
Dale Williams
Buying a primary residence with a HELOC
Hi, I'm new to buying a rental. I own my primary residence outright and would like take a out a HELOC on it and buy another property with the intention that the new property would eventually become my primary resid...
Griffin Ahmet
Starting out in Real Estate investment and Flipping
I’m looking to start off my life in Real Estate investment and have been researching the idea of fix & flips for the past couple months. I’ve been spending a lot of time on Bigger Pockets and reading articles to p...