I have about $200,000 in equity on an investment property in Oakland, California. It sets on a large lot enough to add a second unit. I bought it for $265,000. Legally it's a four bedroom, one bathroom single family h...
I understand the process in finding hard money lenders and leveraging this strategy when the right time comes up, however, what I do not clearly understand is how to transfer away from hard money into a (let's say) tr...
Hello BP'ers, I am excited to share that I have my first multi family under contract. Its a run down mfu that has been vacant for past year or so. It is in a great location but needs a total rehab. Please review the...
To make a long story short, my mother passed away last year and my step father is living in their mobile home with a relatively high interest rate and no banks willing to refinance. We recently started tossing around...
Hello everyone I found two distressed properties with motivated sellers that I’m looking to wholesale in the lake county IL area. How can I hire a contractor to come with me and inspect the properties and give me a re...
When you cash out refinance a BRRRR that has increased in value, how do you go about paying that back and keep pace to cash out and keep BRRRR-ing on to the next?
Hello good people. I’m preparing to purchase another rental property and considering using my HELOC. My plan is to use the BRRRR method. The refinance step is confusing to me. When I google Cash -Out Refi Calculator...
I am currently renting out my former primary residence in Chesapeake, VA for $2400 a month (built new in 2001 with some upgrades over the years). I moved to the NOVA area a year ago and have a realty company providing...
Hello BP, My family has a property that I was looking in to purchasing. It is a single family home that was left to my mother and her siblings with the directions to sale and split the profits but give interested fami...
Hi All,I'm new to commercial, have been wanting to get into either retail or multifamily value add. I want to give you some info on a deal that was sent to me to get your thoughts and input.Purchase Price: $1.25MTota...