Kenny Luna
3 Rentals, what to do next?
I want to scale faster, so many options out there. What would you guys do in my shoes? These are all in Atlanta GeorgiaProperty 1 - Townhome RentalProperty Value: 285kMortgage Balance: 116kProperty 2 - Townhome Ren...
Robert Thibault
Buyer Carry Back 2nd Position
Let me be sure I understand. I have a property where the seller is willing to carry 75% for 10 years. So, is there any reason I wouldn't want to go get a non-conventional rental loan for 80%. Then offer the buyer t...
Brad Spies
Wrap around mortgage
Good Morning all, I am trying to buy my brother-in-law’s Airbnb and would like to utilize a wrap around mortgage to take advantage of his 3.25 interest rate/30 year mortgage. The loan is held with Chase bank. We are g...
Sarah Hatton
Private Lending Acronyms
In the private money space, there are pages and pages full of acronyms. I wanted to share some of the common phrases I have come across during my time:Lender/borrower: "Here's the thing" = Everything I have said or pr...
Eric Hamm
Commercial BRRRR in Merced, CA
Investment Info:
Retail commercial investment investment.
Purchase price: $840,000
I bought a run down, nearly vacant commercial property. The property consists of 3 Retail units and 3 Office units. I ...
Andrew Daniel
Owner Finance wants me to buy them, need some advice
Hello,
I need some advice on what to do here. I have a multi-family unit that I have a owner finance deal on. Here are the details:
Note is around [email protected] interest for 15 years. Payments are 517/month. I'm on payme...
Mark Douglas
Line of Credit as down payment on FHA ??
Has anyone been successful using a personal line of credit as down payment funds?
Ryan Thurm
Loan from 403b vs Roth 403b
Hello there. Long time lurker, first time poster. I've done some research about the possibilities of using a 403b loan as a source of down payment for BRRRR strategy. I'm fairly young and only have 50k in my 403B. Hal...
Daniel Highsmith
Home Equity Line of Credit and Cash on Cash Return
I recently got a HELOC since I'm looking to by a good deal fast when I find it. After reading some BP articles and posts about analyzing deals, I usually make the good/bad deal decision based on the Cash on Cash Retu...
Andrew M.
no credit
i am trying to figure out what my options are gonna be on my first property. i have no credit that im aware of. i just got a credit card that im going to just barely use so i can try to gain some credit. are there go...