Option 1) Take out equity on a rental property to refinance another deal
Option 2) Double down and quickly pay off another mortgage on a rental property - hopefully in less than 8 years.
Option 3) Just continue sav...
Hi BP, I'm currently looking at a 10-unit apartment building with value-add opportunity. I'm fairly familiar with the economics, purchase process, and requirements of SFH and smaller multifamily (less than 5 units), b...
Need help w a good compromise. The situation is that we’re closing on a property in a week (should have been tomorrow but owner asked for extension) and have been asked if we would like to do a rent back to the exist...
Little background..
Im a certified real estate appraiser in St. Louis, MO.
I have enough capital to outright purchase my first investment property and flip, but based on current market conditions I feel that purchas...
1. If a deal is really a good deal why would you want to wholesale it to someone else? It just doesn't make sense me.
2. I hear about people who wholesale REO's. How is this possible? Why wouldn't investors who bu...
Hi Everyone,Wanted to get some expert opinions.I just purchased a SFR in Fresno (Clovis actually) with the fix and lease option route. Someone's interested in taking it as is and doing the renovations themselves.That...
Advance notice, this is my first time selling my house, so I'm just looking for advice here. I listed my house for $220k, there was a bidding war and it came between two buyers, one for $225k and one for $232k. The $2...
My wife and I are scheduled to close on a HELOC this upcoming week and throughout the process banks advertised interest only payments during the draw/advancement period of 10 years. When I received the final paperwor...
What the difference between an Real estate Agent and a realtor?
Hello, first time homeowner here!Previous owner added bedroom, bathroom and kitchenette to the basement and even rented it out but no permits were pulled.In county data it's just finished basement and no data regardin...