Twice recently people have told me of this new strategy to use a HELOC to pay off your mortgage faster. You essentially take out a HELOC to pay off your first lien, and then use that account to direct deposit your pa...
Are there any situations under which you would buy a property with a negative cashflow? May be if you know the rents will go up in the future... Then how long would you be willing to wait till the rents catches up wi...
Trying to figure out the best way to close this deal. It's a package of smaller mixed use properties in Newburgh NY. 8 buildings mostly brick 36 units. The gross income is close to 300k expenses 100k. Purchase pric...
I will start my two rentals paid one was actually 3 days early.. tenant works for the DOD in area 51 high level 100k plus 750s plus fico.A class rental in Vegasother tenant is in Mississippi my last Go zone house I ...
Hey folks, happy new year.
The other day I was asked to show a friend all the steps required to find and buy a fixer upper house here in the Atlanta market. Not a hard task, but doing it the right way is. That said ...
Hello BP professionals I need some professional advise here; im rehabbing a foreclosure house in City Poughkeepsie NY; we passed electrical inspection but during plumbing inspection the inspector caught the beam my hu...
Hello Everyone, We are looking to close a multi unit in Chicago and our inspector showed a picture of these two metal beams on the roof. These are towards the back of the building. He says they are not necessary and ...
Has anyone done a conventional (Fannie/Freddie) loan on any of your investment properties, then transferred the deed into your Corporation or LLC to achieve asset protection?
IF YES, did the lending instituti...
For those of you who have jumped into real estate investments to reach the goal of financial independence, what is the lifestyle you have visualized for yourself after you have done so?For those of you who have reache...
Hi everyone!I’m a new real estate investor. I’ve started to learn more, browse the forums, listen to podcasts, and attend meetups. I keep seeing people seek out and utilize real estate agents, but I’m not sure why.Sim...