Chad M.
Lending Partner for my Empire
Hey BP!! I'm relatively new to real estate investing and ready to scale up. I currently have two single family homes in Denton TX (both cash flowing) and looking to buy a multi-unit property in the coming months. Inst...
Brock Holliman
Building New Single Family Homes As Rentals
Attention all readers: Could you please give me your thoughts/feedback on the following idea?I have been building new single family homes for investors. I wanted to find a way that I could boost my investors returns ...
Jeremy Blackburn
Cash out refinance and/or HELOC to fund first BRRRR method prop
We’re looking to purchase our 1st investment property using the BRRR method. We have our Primary home that has about 250K in equity at 4.25% 30yr fixed FHA.In your opinion, do you suggest refinancing the primary and p...
Robert Hastings
Cash out, rinse and repeat?
Assume we are speaking of rental properties. Assume the rental properties are free and clear. Assume the rental properties have tenants and they have rent paid since day one. I hear success stories about how people bu...
Jeremy Bohnett
Partnership Deal while LLC is being opened
Hi everyone! I'll try to make this as simple as possible.My business partner and I are opening up an LLC in Arkansas but the process is held up for 2-6 because our registered agent had to fax a form to the IRS to rece...
Jamal Adams
My first investment property
Hi everyone! I am currently working on rehabbing my first Investment property to flip. Please let me know what you guys think.We’re in the final stages! Painting is complete, kitchen cabinets have been installed, plum...
Laine Furukawa
To Refi or to not Refi...
Aloha BP’ers!As many of you already know of interest rates lowering (as low as 3.75%). I’m wanting to know if now is a good time to consider refinancing? I have 4 properties in Dayton Ohio — 3 of them currently @ 4...
Andre Chouinard
How is a HELOC factored into DTI for future mortgages?
I am pursuing a HELOC of $65,000 on my owner-occupied duplex and was wondering how this will affect my DTI ratio when applying for future mortgages.For normal consumer credit cards, the lender adds up the minimum paym...
Allen Wu
2nd lien is messing up the deal.
Dear All, I need some advice on this deal. 1st is with WF and they approved the short sale already. The problem is with 2nd, Chase.
Chase needs 10% (which is about $15K) of the original loan amount PLUS a promiss...
Tim G.
RE Definitons
I am creating this post to get a better understanding of the many different terms used in real estate in the hopes to further my knowledge and hopefully anyone else who comes across this site. As a newbie, many times ...