Kofi Thompson
How to apply for HELOC
Teami know this may seem like a simple question but how do you apply for a HELOC your first home that is now a rental property while living in your second home which is now your primary. i just applied for BOA and was...
Nick Mcgowan
How can I (or should I) finance my half of a $25k buy and hold?
First off- I'm new(er) to BP but have been obsessing about REI for a few months now. I listen to podcasts everyday on my way to work and have been steadily analyzing deals for a week now. I'm still green to this and a...
Daniel G.
Seller/Owner Financing for Multifamily Acquisitions
Hi BP Community.My question is about seller/owner financing for multifamily acquisitions. I am looking at a 97 Unit property in Texas that is being offered at close to an 8% cap rate.I visited the property on Monday a...
Joshua Feit
Atlanta Watershed -- HELP!
What's up BP -- if you are in Atlanta, I need HELP!!!Atlanta Watershed is NUTS. I have two properties in the city limits, and both are having massive water problems. Every month the bills are huge, even though we have...
Anna L.
Trying to help a prospect with tricky Estate situation
Last week I sent out my first batch of 7 yellow letters campaign after driving for dollars. Yesterday, I got a call from 2 of them. One wasn't interested because she is dealing with some family issues. The other one w...
Eric Stewart
Unpaid utility bill
I’ve had a horrible tenant this first year with my property. Let’s just say that this was not a good start to my RE business. Anyway, the tenant didn’t pay their water bill for the duration of the lease and now $2000 ...
Joyce Kim
Personal financial hardship - HELOC vs Home Equity Loan?
I was recently laid off and have accumulated about $20,000 in credit card debt, primarily from paying last year's property taxes and covering a few months of living expenses. I own a house with approximately $400,000 ...
Jeff Bagamaspad
Sell or rent our home in San Diego
Hello all,I've been following these discussions for months. So much great information here. I'm slowly learning and building the confidence to get started in real estate investing. As a military family 3 children, 2...
Erin K.
Cash out refi to buy personal residence - good tax benefits?
We are going to build a personal home. We have a lot of equity spread out over 13 of rental properties, and we don't qualify for a home mortgage to be sold on the secondary market due to so much self-employment incom...
Robert Herrera
Assignment of Contract Buyer has FHA Loan
I live here in Denver, but I have properties in Pueblo. I have a problem I’m needing some help with. I have a tenant buyer on a lease option. They are looking to move and have the option to buy at $57,000. They would ...