Nick Zocher
Cashout Refinance
Hi All,I'd like to get some clarity on the Cashout Refinance strategy.I recently listened to a Podcast (Show # Late 50's or early 60's) where @Brandon Turner mentioned that his strategy to buy several properties fast ...
Jason Ngo
HELOC or Traditional Loan for first property?
I am looking to buy another property for $350k and rent out my current house for $2400/mo. The bank has approved me for a HELOC of $100k with 4.5% variable interest and the origInal plan was to use the heloc to put th...
Andrew Halbert
BRRR Strategy question, the last R
I know this topic has been discussed, I am clear on all the steps in this method, however I am not clear on how to make sure I will be able to refinance? I know not to expect more than a 70% LTV from the lender, howev...
Andrew Bang
Market Crash Signs, Now compared to 2009
I find investors talking about the '07-'09 Real estate crash and I remember something very different. I read articles about why it happened and think, I don’t think that was the case at all. What did the crash look...
Peter Vance
Making the jump for my first property
I am a young professional looking to get started in REI. I just recently built a new house and we had our first child. I have a solid full-time job, with a fairly decent amount of investments. I would like to get into...
Ben Parrish
6 units, Midtown, Memphis 38104 - financing advice needed!
Good Evening, BP! I have always heard if you can find a deal the money will find you.. Well here is the deal:
6 condos in a complex
Avg rent roll $700 / market is $800-900
HOA is $180 a month per unit
3-4K in Re...
Christopher Manus
First Rental Purchase - What do you think?
Good Evening!I checked out a property today and I'm ready to move forward with an offer - I would love to get some last-minute feedback to ease my nerves a bit. The breakdown of the deal will follow: Purchase Price: $...
Brad Uricchio
Reasonable Return to Offer to Private Investors
I'm looking to start really growing my rehab investing company. Only problem - we're a little strapped for capital. Last time I looked, local hard money lending terms seemed a little harsh - harder to clear a profi...
Eric E.
Best practices when using other people's IRAs.
This question is only for advanced investors who have financed deals with other peoples's SD IRAs. I have my first "private" investor willing to devote her IRA to my deals. I would put some "skin in the game", she ...
Joshua McCarthy
Proof of Funds Letter for Flips?
Hey all,
I'm currently looking at a potential flip in my hometown of Batavia, NY and have come to an agreed upon price. The seller is asking for POF with the written offer. My plan was to use private funding or HML ...