Cal C.
Reserves are almost an absolute necessity!
They would be an absolute except a few people get lucky and put everything they have into a rental property and nothing goes wrong for a year or two, giving them time to build up cash reserves. Then again a few peopl...
Account Closed
HELOC to replace my current mortgage
I have recently purchased a condominium as my primary residence in August 2018. I am on a 30-year fixed with 4.75% interest rate. Can I replace my current mortgage with a first lien HELOC? I tried a few times to obtai...
MARK MONTANO
Pro Formas?
Hey there BP nation! I was just curious if anyone on here has done one of these before? I'm very interested in learning to draft one of these.
Scott Le
Bad Idea to Flip First House Entirely from My Savings?
I'm in a situation where there is very little banks will give me for leveraging rental homes despite having a good amount of assets and excellent credit because I haven't had any income in 4 years (long story short: I...
William Kim
Thinking about Investing in Syndication
I've recently become interested in the idea of investing in syndication deals due to its "active-passive" nature (and also diversification of my portfolio of course). With any investment, I plan to conduct due dilige...
Patrick Kaiser
How do I convince flippers to list their homes reasonably?
Background: I am a real estate agent who runs a flat rate listing company, meaning I make the same amount no matter how much houses sell for. For that reason I don't mind necessarily care if houses sit on market forev...
Mary N/A
my house deals
Hi, I am a newbie and was wondering if anyone joined myhouse deals, If they have current listing or if it is just a waste of money. Thanks Mary
Pat Bahn
Best Self Directed IRA trust companies?
I am looking to do a self directed IRA, i was thinking of using
the "Equity trust Company" www.trustetc.com.
Their fees seem reasonable, the service seems capable, and they
are out of Ohio which is not a hotbed of f...
Vincent B.
Is it a good idea to buy my first property out of state ?
Hi all, I'm new to real estate and I'm looking to buy my first investment property. I've been researching and learning about buying out of state property focusing mostly on duplexes and triplex's 50,000$ and under. ...
K S.
Where to reinvest 1031 exch funds?
Looking for ways to turn this into non taxable cash or just purchase something to avoid taxes.I'm on my second 1031 exch but later found out that I can't use the funds to improve on already purchased land so I'm a lit...