Matthew J. T.
Motivated Sellers + Little to No Equity?
If you find a MOTIVATED SELLER, that wants to sell the house because of there MORTGAGE is too high, they really want to sell the house, but has very little equity. Does this mean the house is not a deal automatically?...
Gary Shaw
What would you do?
Hey guys,I have a lead on a 3 bedroom, 1 bath single family house in a nice suburban area. ARV is about $135,000 (conservatively). The house was built in the 50's. The biggest problem is a previous owner added an a...
Justin Marshall
401k
Looking for input on whether to use 401k for the purchase of a flip or buy and hold. What are the pro's and con's of this option? Any advice would be appreciated. Also how many time can you borrow against your 401k...
Michael Wood
Im an existing tenant and home was bought at auction
Hi my name is Michael Wood from Castro Valley California I have a 5 year lease, and the house went into foreclosure and sold at auction . New owners plan on renovating a home and selling it back on the market . ...
Kat Rathell
Selling rental - capital gains tax?
We bought a duplex 7 months ago intending to rent it out. It was bought for cash from our home equity loan. We have now rehabbed the lower unit and found a tenant. They are moving in in 2 weeks. The upper unit will b...
Michael Plante
15 lots. Suggestions what to do with it
I bought 16 acres I THOUGHT it was Two 8 acre parcels. Turns out it is an 8 acre parcel (can’t be divided) and 15 - 1/2 acre lots can build on or place mobile homes I sold the 8 acre lot for what I paid for the en...
José Rivera
BRRRR Financing Tips
Hello everyone my name is Jose Rivera
I am new to Real Estate investing. I very interested in the BRRRR strategy, my concern is in how to mitigate risk in regards to doing the refinance to get my capital back.
An...
Christian Hall
How should I align my offset lease terms?
Hi BP. Looking for some pro tips on the following situation:I purchased a 3 bed single family home last year. I lived in one bedroom and rented out the other two (yay for house hacking). I moved out and filled my spot...
Kyle Cortez
Reducing Utility Usage Among Tenants
Hello everyone, We are currently having an issue with utility over-usage among tenants at an 11-unit property. For example, one apartment upon inspection had an air conditioner set at 60 degrees and on the max level w...
Gonzalo Escobar
Help with 100% HELOC at 4.5-5%
Been aggressively looking for a bank or credit unit that does a HELOC product at 100% LTV at an APR of 4.5-5% and Lends in IL. So far the only credit union I have found that offers the product Tower Federal and is pre...