David Siegel
Refinancing to get out of HML
It seems like hard money lenders want their upfront points, but then they want their money back ASAP. They're not especially interested in you sticking around on their note.This is apparent because their notes balloon...
Nate Brown
How Can I Determine The Value Of A Vacant Commercial Lot?
Hello fellow BP members! I'm a novice wholesaler. Through my marketing, I met the owner and landlord of a single family house in Coatesville PA. The house is a 4/1 and rents for $1500 per month. However, as of today (...
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...
Ray Li
BRRRR in MFH with tenants
When people buy rehab and refinance a partially occupied MFH, do you refinance immediately after you rehab the exterior and the vacant units and rent it out? Or do you rehab all units, vacant or occupied (when their l...
Arun Iyengar
Help on Health Insurance for the Passive Income Investor
I am thinking about just living on my rental income and not be employed by a company. However there is the question of health insurance. Since I don't qualify for Medicare, the alternative would be to obtain Health In...
Ashly B.
Tax question: Owner financed payments
I am hoping to do my own taxes this year but got a little stuck as I was finalizing my books. I purchased a SFH in Oct. 2021 with owner financing that is still under renovation. I understand that any renovation expens...
Felicia Cameron
Need help Refinancing...
Hello all, My name is Felicia and I reside in Orlando, FL. I am attempting to refinance my house to rent out as an investment property. I am also looking for funding for short term vacation rentals/apartment complexes...
Christian Walker
Tax Sale Help & Advice
Hey everyone! Okay so I’m thinking about getting some properties in the tax sale (Texas) and was wondering if I could flip a tax sale house or do I need to rent it out for 2 years before I’m able to sell. I keep heari...
Aaron Miller
Advice: HELOC to repay 401K?
Hey all,First time homebuyer here looking for some advice. I purchased first home last year using TSP funds (401k) for a down payment. My goal was to try to pay back the TSP within 5 years to start getting my ROI in m...
Cyle Harris
Using LLC to Finance Deals
I financed my first fix and flip by taking out personal loans and using my own cash. Going forward, I'd like to begin using my LLC for financing deals (i.e. hard money loans, etc) to keep all of my personal and busine...