Tam Tamm
Please: Thoughts on Ambitious Rental Strategy from Newbie
Hi everyone. New here.
In case it's relevant here's a little backstory. I own a house in my home state. I landed a new job in Georgia, and I rent a room here while still carrying my mortgage back home. Of course...
Vincent Polisi
Has Anyone EVER been forced to pay an accelerated note because they transferred title and the bank enforced the due on sale clause?
The "Due On Sale Clause" in every lender's note is a common investor fear due to the myriad of ways investors transfer title on deals.
In 30 years, I have NEVER heard of a bank accelerating a note that was paid timel...
Chris Bluem
First Time STR Help!
Hi all and thanks in advance for any advice or helpI am currently in the South Florida market. I have a property in a (pre-Covid) great STR area in Fort Lauderdale/Broward County. The property is a duplex but is acts ...
Juan Castro
HELOC for BRRRR, will it affect my DTI for the refinance?
Hi all, I'm looking to start a BRRRR project soon and I'm considering using my HELOC for financing the project. I have a HELOC with $140k and interest of 4.13% (variable) and about 50k cash. So I know a lot of you rel...
Sal Souza
Investing inside solo 401k plan vs. self directed IRA
Hello,I have a question for anyone out there who has any experience or knowledge about solo 401k plans.I'm thinking about rolling my 401k money at work into a solo 401k. I've read that the solo 401k has many advantag...
Julia Vang Hart
Crosstown Concourse Memphis, TN rehab and flip potential
I would love to get some opinions on the real estate northwest of the Crosstown concourse development. Over the weekend my husband and I drove the area north of North Parkway, south of Jackson Avenue, east of Watkins ...
Ishviyan D.
HML - how fast can I refinance out?
My question is how fast can I refinance out of a hard money loan and what are my refinancing options? I'm guessing a cash out refinance wouldn't be applicable, but a term/rate refinance would? And if I understand it c...
Andy D.
Interesting deal but no money - options?
Dear BP community, this might sound like a bad joke but I'm honestly asking about how I could go about this, if there is indeed anything that I can do.Following simple situation: I found what looks like a great deal a...
James Lanier
Financial lenders after purchase of property
Hi everyone, This is my first post. I am starting my real estate ambitions in Rhode Island. I was considering strategies for finding my second rental property without refinancing out of my FHA. My best idea so far is ...
Rodney Hunter
Would you put it all on the line?
Hello BP, I have four rental properties and two of them are paid off and the other two I have a couple more years before being paid off. Im just starting investing so my resources are limited I don't have a private i...