Jake Johnston
Construction Loan (For Buy and Hold)
Hey everyone, I'm 21 years old and recently bought a single family house I'm renting to an elderly couple. I will be looking for my second rental property sometime early next year and have been considering buying a ch...
Mike Murphy
Wanting to invest with money from an IRA
Newbie investors getting prepared for our first deal. Most of money is in an IRA. I have read a few articles on how to use it for real estate investing, but still a little confused on the process. Anybody have some ti...
Dan Krupa
Retirement accounts as collateral
Question for the smart masses. I am catching up on podcast and I listened to episode 55 featuring @Jimmy Moncrief. He stated you could use a retirement account as collateral for an unsecured loan. Does anyone know an...
Tim Rostro
Anyone experienced using a HELOC?
Happy Labor Day to everyone! So here's my situation and I'm looking for guidance. My very first property that I've bought, a single family home, is about to be paid off by early next year, April 2020. I'm working on...
Michelle Phoenix
Does maxing out cash-out refi hurt DTI for future rental?
Hi,
I'm new to this group and am also new to real estate investing. I own a home (primary residence) in Southern California with a lot of equity, and am thinking of doing a cash-out refinance to invest in my first re...
Kevin Galus
Accounting (Property Mgmt) takes fee from deposit
All,I need some guidance on how to account for the following in QuickBooks:I use a company to find and place tenants in my properties.They charge me ½ of the deposit fee.So here is the issue. I actually never write a ...
Thomas P.
What would you do in this SFR scenario?
We love to hear from those smarter than we are! What would you do?You have 17 SFR rentals. You are tired of managing them yourself, but to hire a property manager would hit the cash flow bottom line too much for you...
Shabree Nichols
Sheriff sale acquisition/financing
I just acquired a home from a sheriff sale auction and am having trouble financing it. I had a pre-qualification letter but my current bank won't finance the property because it's under $40,000 (apparently too low fo...
Devon Garbus
Financing Spec Construction in Florida (Tampa)
Hi BP!My clients are having trouble securing Spec construction funding, and the ones that have received it want more...I'd love to speak with investment groups or banks with good construction funding (and possibly som...
Ibrahim Yamini
Should I use a HELOC in this Market?
I’ve been slowing getting myself ready to purchase a second property and it seems like a HELOC is the way to go. Unfortunately, the information I’ve been getting from YouTubers and other sources doesn’t seem realisti...