Syl Rey
Conventional loan on a duplex that needs new roof is needed
Hi everyone, I currently have an offer accepted on a duplex. After a home inspection, I found that one of the roofs needs to be repaired in the next year or so. I’m told the bank won’t finance if the roof needs to be...
Jimmy Lynn
How to Choose the Right Contractor for Your Property Rehab
Define Your Project: Start by clearly defining your project scope, goals, and budget. Determine what kind of renovation work you need, the desired timeline, and any specific requirements or preferences you may have.
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David M.
Best Tax Strategy for $100k bonus from sale of business
A friend of mine works for a small laundry mat chain that is for sale. His boss agreed to a 20% bonus upon sale because he is an essential employee and is responsible for the growth and success of the business over ...
Patrick Godfrey
Will Adding ADU’s in Los Angeles Turn my Triplex into Commercial?
Hey Y’all! I just closed on my first househack deal! It’s a triplex in LA. I’ve got a 600 sqft garage that I may expand to make 2 studio ADUs. My concern is that doing so will result in a breach of my loan with the ba...
Jenna Stonecipher
Funding repairs with HELOC? Seller financing
If I were to purchase a property with seller financing, would I be able to acquire a HELOC to fund the rehab? If so, would that still leave me the option of refinancing with the bank in a few years--effectively pay...
Brandon Addison
Refinance Strategy
Hello BP forum!I'm beginning the process of exploring real estate investment as a means to create passive income, but I'm currently in the researching phase. In attempting to learn about broader investment principles...
David Wolf
Why Every Wholesaler Needs Transactional Funding In Their Toolbox
If you don't already know, transactional funding is a type of funding used by wholesalers to complete double closes if you don't have enough cash laying around to buy and sell a property in the same day. Most wholesal...
Zackery Bagby
Need advice with using a partner.
I need advice with using a partner to fund my first rental property. Anything I should know before signing a contract with one?
Nate Paoinchantara
Refinance into LLC questions
All, I am running into a bank offer that I would like to get you all’s opinion - In the past 3 years, we purchased 8 rental SFHs in our personal name with 30 yrs fixed, average 5% interest. Now, we have an offer from ...
Ben M.
Cash flow killer - capex
I keep hearing that rental property owners lose their cash flow from big ticket items or capex. Has anyone been able to successfully factor in capex into their expenses and actually owned properties long enough to det...