Keenan Patton
BRRRR Cash Out Rates Killing Cash Flow and Prepayment penalties
My goodness have rates been off the hook lately. Working my butt off to refi out of a interest only I have and the rates are crazy. I'm looking at almost 11 percent on a 5 year ARM. WOWSERS! I have the option to roll ...
Carlos Cueva
Mobile Home- Owner Financing
Hi All,I am an investor in PA that owns a Pre-Manufactured Home. I have a seller that is interested in the home but would like to do Owner Financing. I am into the home for 14 K. The selling price is 20K. The land ren...
Olga Nadal
Pivoting out of a 1031 exchange
Here is the situation, we identified 3 properties for our 1031 with the idea of buying two and having a back up. We ended up buying one house to turn into a vacation rental and the two other options were one- a stand ...
Mitchell Lyle
New member in South Florida
Hi, I am a new member here in South Florida, I am doing what I think my post people are doing by joining this site. Looking for freedom. I had that freedom before the financial crisis as I was self employed making gr...
Trevor Bingham
Owner Occupied? Or HELOC?
BP, I'm very green to the realty investing world and looking at getting my first rental unit. 2 years ago we bought our townhouse, our current home. I would like to get a rental unit but I'm unsure which financing...
Gary Kuang
Getting a Mortgage Under $50,000
Hello Everyone,I'm currently looking to buy rental property up in Buffalo. Currently, the houses I've been looking at are $50,000 or less. I have enough money for the down payment, but I have heard that a lot of the...
Victoria Evenbach
Kitchen cosultation person
We need some help understanding what options we have with a kitchen in a house we own (i.e. need to make some budget friendly changes without tearing it all down and rebuilding).Who should we talk to? General contract...
Dennis Luciano
Under contract trying to close
My partner got a three family house under contract as an owner occupy. The cash on had that was available to purchase the property is no longer available. Purchasing the home for 100,000k with a 35,000k of rehab and ...
Samantha Epps
How Should I Pay for Repairs?
Hi y'all, Just purchased a 3 unit property that needs 40K in structural repair before it can be rented. I'm considering the following options to pay for these repairs:-- Cash-out refi on another rental - I could prob ...
Nillion Lambert
LLC Establishment in MD - Taxes
Hello BP! I hope all is well! I have 2 questions I'd like to ask as I am trying to establish my LLC. I have been approved for my LLC in the state of Maryland and need to file for an EIN# and license and tax accounts. ...