Joe Rinderknecht
Cash-Out Refinance or HELOC
Good afternoon BP, My question today is on whether or not I should do a cash-out refinance or do a home equity line of credit on my duplex?Here are the details on my house.- Bought with an FHA loan in July of '1...
Tanner Marsey
Interesting Partnership scenario/creative financing
Good afternoon. I had a question about partnerships/creative financing (sort of, maybe...?) I am looking to expand my portfolio here in the next few years. I Have a W-2 job that I absolutely love and have no desire to...
Mike McKinzie
Should I do a 1031?
I know that most of you HIGHLY recommend doing a 1031. But I am currently in a situation that I am just considering paying the Capital Gains Tax and be done with it. So I want some differing opinions.
First off, th...
Jesse Dahms
Optimizing investment strategy to increase paper losses?
Current Situation: My wife and I have been slowly getting into REI over the last 4 years. We currently have 5 SFH long-term rentals and a short term rental.Up until 2022 we both had W2 jobs, but we just had our first ...
Dallas Martin
Quick Close Cash Offers Possible in PA?
I was discussing cash offers with a fellow Pennsylvania investor today and he said that even if you make an all cash offer you still would not be able to close quickly because the title search is required and can take...
Joseph Ziolkowski
Getting educated...
Hi everyone! Ok, say I wanted to get started in wholesaling yesterday, and am just seriously looking to get just one deal under my belt as soon as possible, for both cash and credibility. What would be the one, singl...
Catherine Peters
Looking for HELOC on duplex in Denver, CO - Help please!
Hi BP Tribe!
We are getting our financing sorted so we can invest in some new rental properties, and have a duplex in Denver that has a ton of equity in it. We've looked into getting a HELOC on the property but none ...
Lane Stubblefield
What kind of loan do you recommend?
When purchasing a 20% down investment property, do you just have to pay cash for all the repair costs too and then refinance? I would just assume incorporate the repairs into the loan if possible?
William S.
BRRRR, Hold, Sell: Anyone doing this?
After the refinance on potential BRRRR properties they tend to leave $0-$25/m of cash flow for a couple of reasons.1. Higher mortgage payment 2. Long term CapEx: I calculate $180-$200/m per unit and that's if everythi...
Kyler J Sloan
Self-financing -- Snowballing Method
I plan to buy my first house by the spring, but would like to have a plan for financing properties as I scale long term, but am not sure how feasible my current plan is, considering that I have not heard of it before....