Barak Schafer
LLC options for new STR
Hi,
I am looking into starting an LLC and buy a property with my sister-in-law. We are looking to sell one of my current investment properties and use that plus some of her capital to buy a house, furnish it, and l...
Kashana R.
Private Money - What's considered a good deal these days?
Hey BP...I have noticed a few private lenders in my area offering minimum loan amounts, for example $80,000 min loan amount. They all require a down payment of at least 20% - with points of course. Just wondering w...
Javier Guanda
HELOC on paid off rental property?
Hi! BP people,
I was unable to find an answer for the following question. I own a Townhouse (no mortgage), which is being rented. I was wondering if I can do a HELOC ? I understand that banks ...
Donald Spivey
Strategy: Rehab Plus By and Hold
Here is a strategy that I am looking at:Rehab and resell homes plus by and hold.50K to investPurchase 30K houseRehab 20KSell 100KPut away taxes and savings off of house one and bank the profit. Rinse and Repeat...Ever...
Coco Zuniga
Excited Newbie from Utah
Hey ya'll!!! I'm super pumped to be a part of the BP community! I have been a restaurant manager for the past 15 years -- a job that I have loved but that I think I'm ready to part from! I'm looking towards the futu...
Bj Ayoleke
How to Leveage my 401K to invest
Hi everyone. I have some money in my 401K from my old job that I would love to use to start my real estate journey. I wanted to know what is the best way to use this. What I've been reading different avenues, as in se...
Dominic Mauro
Seller Received Notice of Acceleration - Not Sure of Next Steps
Hi all, long story short, working with a seller on and off for a couple of months. She kind of ghosted and then popped back up when she received this letter re her property. This is in Texas, FYI.
The amount owed (...
Devin McIntosh
STR build to rent
Has anyone taken on a build to STR project? If so how did you finance it? I would like to build multiple units on one tract of land (in county, no deed restrictions) but not sure how to approach it from the financing ...
Jeffrey Audije
What ways have you creatively financed a renovation?
Besides a heloc, what other unorthodox ways have you been able to front money or finance a renovation or adu?
Brandon Gall
Need some creative ideas in order to continue progressing. Securities Based Loan?
Hey, BP community,So I have hit a bit of a stalemate with my investing career. I missed out on one great opportunity because I didn't have the lending set up. The lending wasn't set up because to apply for a conventio...