Dan Amstutz
Strategy: Pulling equity out of a owner occupied rehab/flip
Hello BP flippers and rehabbers,
I am trying to work out some details for my grand entrance into becoming a flipper.
Here is my tenative strategy:
Buy a distressed REO. -In Twin cities Minnesota, 4bd 2ba.
Use a FH...
Amon Plyler
Advice on Partnership One Gets Loan Other Pays Rehab & Downpay
Hello All,My brother and I are wanting to partner in purchasing single family homes as rentals.My credit is great allowing me to get a better loan and he has funds to put toward a partial down payment and rehab.The qu...
Mike Curadossi
Portfolio Lender in Massachusetts
Hello All,So, I may be looking for a Unicorn here, but does anyone know of any lenders that will do 75 - 80% LTV amortized over 25 or 30 years with a fixed rate for investment properties? I have refinanced 4 properti...
Justin Butterfield
question about llc funding
hi there everyone, pretty new to the site and had a quick question. I have a single member llc set up and I read everywhere that if you want to move funds back and forth between your personal account and your business...
Ryan Morgan
20K Now what??
Good morning BP community!
Looking for some advice- my girlfriend and myself are green agents. We have full time jobs outside real estate and do "good". I have some experience in real estate building and selling als...
Huong Luu
Keep or Sell?
Hi BP family. Looking for points of view on selling or keeping properties in Toronto, Ontario. Here is the scenerio:3-unit investment property worth $2m. Have $500K mortgage. Currently cash flows. Is it better to sell...
Nalo Coban
4plex for $50k - total monthly rents $2200 - whose lending?
In the process of purchasing a 4-plex at $50k. Total rehab costs are estimated $30-40k. Some units need more work than the others. The 4plex has 2br,1bth. The units would rent for $550-600/mo/unit. Have about $30k ski...
Amad Osman
Pennsylvania Confession of Judgement
Hey Guys,I was closing on my first multi-family in PA the other day and the lender had me sign a confession of judgement tied to the loan. It was the first I ever heard of it and after closing I researched it. After r...
Alec Saenz
First Analysis of possible deal, turned into Possible live and Flip?
Hello BP!Alright I have many questions about this potential deal! First I'll go through and just shoot the info and Analysis, this is my first analysis so I'm sure its rusty. This deal is for my Mother and would be he...
Andrew Spinelli
Renovation and Refinance
Hello BP! This is my first time posting, but have been following BP for a couple years now after purchasing my first property in Graduate Hospital, Philadelphia in 2017.In 2020 my wife and I rented out our place in Ph...