David Edelstein
1031 Cash Out Question
There are two properties, the investment property to 1031 and my primary home. I need $100k out of the investment property to lower the principal on my primary and refinance it. I am already planning on selling the in...
Lael Johnson
Refinance, HELOC or Both??
Hello BP Family,I can definitely use everyone's help with a situation that i'm currently trying to figure out. I am debating on whether to refinance my home to lower the interest rate from 5% to prime or close to it,...
Stephen Ball
Hard money lender recommendations
Who has recommendations for good and trustworthy HML? Anybody have experience with Lima one capital or know if they’ll lend to individual’s or just LLC’s?Anyone have experience with Lending One? Loans to individuals o...
Dena Wesley
Seller does not want to clean out property
Hello everyone,I went under contract on a mixed use property back in late June that I'm converting back to a duplex. My agent sent over an addendum to extend the closing since I'm using a rehab loan and I also had add...
Ethan McRae
Anyone having trouble renting out properties?
Given what's going on right now with covid, is anyone having vacancy issues right now? Has it been much more difficult to get units rented in the Boston area?
Rhea Wu
Best alternative way to close on this deal
Good Morning BP members. Would it be difficult to ask what your opinions are on this situation. The seller and I (buyer) agreed to purchase his single family home for $109,000. When the home inspection was done, th...
Greg Martin
First Buy & Hold properties
After a long search, several strategy changes, and a lot of work, we found 3 units that we closed on the end of last week. It is a 2/1 SFR and a duplex on separate, adjacent parcels. 2 units are already occupied, wi...
Matthew Askew
Hard Money & BRRRR - Too much of a squeeze?
I had planned to use hard money to fund my first BRRRR but after speaking with a hard money lender I am reconsidering this approach due to what seems like excessive costs. I am essentially paying closing costs twice (...
Hunter McClellan
First Investment House Hacking and Cash Flow
I am thinking about house hacking a duplex in Texas with a FHA loan and am not sure what I should be shooting for in regards to cash flow after I move out. If I pay close to full price, I will pay around $200 a month ...
Ryan Schuler
Single Family Deal in Millington, TN
Investment Info:
Single-family residence buy & hold investment in Millington.
Purchase price: $52,000
Cash invested: $1,500
I'm in the process of buying my first deal! This property was listed at...