Kevin Hassold
Refinancing through an LLC
So I am currently working towards buying my first BRRR property and have recently found a private money lender willing to set me up a line of credit to purchase and rehab a property. The only catch is that they will o...
Toben B.
Cash out after rehab including rehab costs?
I paid cash for a property and the bank will only loan me the amount of the sale and not include the cost of the repairs and rehab on the property. My understanding is a bank will do a construction loan and then lend ...
Ashley LeBoeuf
Is 10% Earnest Money too much?
I have a seller with several turn key rentals he's getting rid of. I am in the process of putting 3 under contract and he is asking for 10% earnest money on each. I'm still fairly new to wholesaling but isn't that a b...
Steven Macdonald
What would you do with this cash out? Worth it or not?
Hey everyone! I always appreciate the help and thoughts on Realistate subjects. These forums are awesome. So I’m at the cross roads with my currently property. I have 104k in equity I can pull out. I spoke with a VA l...
Carlos O.
Considering a new roof
Hello BP,Learning about real estate never seems to stop. Today, I am thinking about roofs. I'm planning on being an out of state long term buy and hold investor. I'm currently looking at Kansas City and I have a few q...
Charles Mangum
Do you pay mortgage on the first of the month or just before the 15th (or before the late fee is assessed)?
My mortgage coupons state that the payment is due on the 1st and after the 15th a late fee will be assessed. I started to pay them on the 14th, however, I received a voice mail from the bank that the payment was late...
Lawrence Sudweeks
Creative terms with partial seller carry.
I've been working several configurations to get this to work. This is my first experience with focusing on terms instead of low cash offers. I'd love your ideas. Here is the breakdown.2/1 SFR House free and clear. Se...
Michael Kellogg
Newbie starting down the path
Hey all! My name is Mike. A couple things about me. I’m a software engineer (frontend web dev) working remotely in Berryville VA. I have a wife and two kids and I’ve recently gotten more interested in real estate as a...
Benjamin Cowles
I read an investor can lose 50% when selling a property they own
Brandon mentioned in his blog here:http://www.biggerpockets.com/renewsblog/2013/11/05...that if you own a property free and clear you could lose 50%+/- to taxes. He didn't say much more than that but that took me as s...
Gina Lusca
CREATIVE EXIT STRATEGIES
Hey Guys! Me and my husband moved to MO from DFW almost a year ago for a job relocation. To make a long story short we ended up buying a single family house last Aug with almost an acre of land on it. The job relocati...