Account Closed
Moving from innovative startups to real estate
What are some tips for a business investor experienced in high risk startups shifting into real estate investment? How drastically do they differ, what are some of the most transferable skills between either?
Jeff Cliff
How to get finance after going all in
Hello,The reason property can’t get finance is because of its current condition. If you put all your cash in purchasing a fixer upper that requires over 200K in rehab. What is the best way to get funds for the require...
Jonathan Prettyman
hard money advice
hello,here is a quick type of generic deal I am looking at along with details of my current status:I have 70k cash. looking to fix and flip. I will be hiring a contractor. I can find a housefor anywhere from 50-70k wi...
Matthew Gainey
Opportunity
So my wife and I are both RNs but we are looking for more sources of income. We live in the eastern panhandle of WV in which there seems to be opportunity to work in WV, VA, & MD. However, we are new to real estat...
Maxwell Hines
Do HELOCs make any sense right now?
I have a good bit of equity within my home (~450k). I am considering getting a HELOC to pull 75-100k for a 25% downpayment on a rental property. Awaiting an answer from my banker on what their current rate is on a ...
Greg Wright
Using a self directed IRA for rehab.
Has any rehabber used a self directed IRA for rehabbing houses? How do you handle the profit. Does it have to go back into the IRA which would seem to defeat the purpose as you couldn't make any money to live off. If ...
Ben Leybovich
What is Bad Debt?
There's been a lot of discussion on the forums as it relates to differentiating bad debt from good. The most common view on BP is that any debt which does not produce investment returns is bad debt.I, for the most pa...
Rene Calacuayo
Wholesaling & Hard money lender?
Do i need a hard money lender in order to do a double closing on a wholesale deal?
Noel R.
Any banks or credit unions loaning with 10% down?
Realized last night that anything is possible. My market is only too expensive if I allow it to be. Starting the hunt for lenders willing to work with 10% down. Any hot leads? I am in Sonoma County. Looking for anythi...
Corey Nixon
First Time Financing
I've read the books and listened to the podcast and have tried every way that is discussed but I am having a hard time getting my first property financed. The home is paid for but it is in need of about 60k in repairs...