Looking to pull cash out of properties in upstate NY. Two properties in one LLC. One property is in a self directed IRA and one property is in a separate LLC with a partner.
How does an investor use cross-collateral as a means to acquire new properties? What are the typical equity percentages? I have an inherited property that is free and clear. How can I use this method to obtain more pr...
If I borrow money from 401K to buy a property, Can I use the equity in the home to get a HELOC (to buy more properties) on the home while continuing to pay back 401K?
Hey BP. Have a house we're just about finished rehabbing up Duluth way. I'm all in for around $195,000. ARV back in March when I bought it was around $245,000 but the market's appreciated a ton since then and there's ...
Hello Community. This is my first post on BP, and I am excited to be here to contribute and learn from the community! I am beginning my investing journey soon and I know this is a great place to start. I've really had...
I close a “subject to” transaction in July 2023. It was closed to a title company. I have been making a mortgage payments since then on time no problem.The old seller contacted me of course, when they were trying to...
Let's say I found a deal. Hard Money Lender is requesting 20% down and will finance 80% of purchase price and 100% of the rehab. When it comes to the 20%, I heard that the HML wants to always stay in the first positio...
Im new to investing and thinking about the BRRRR strategy. When cash refinancing a property, the “New loan” after the refinance is higher so doesnt that decrease your cash flow?I understand that you are taking the cas...
As my first property I've been thinking about what I want to do (as far as buy and hold goes). I've heard some content suggesting to buy into a development at the beginning due the builders raising property value by 2...
Hello,I currently own a rental property in Littleton CO and at a point, I need to sell it in 2020 to access my equity to purchase more rental properties. Currently, tenant occupied till April 2021. Been rented out for...