Don Ha
1031 Exchange or Refin with Cash out
I'm a newbie here... I am seeking some advice from the PROs.I have a triplex with market value about $800K, no loan, free and clear with solid annual cash flow of about $35K. I'm currently thinking to expand my renta...
Mike F.
Bank asking what i'm doing with the funds?
I'm doing a cash out refi and the bank is asking me, "what am I doing with the funds', what is the right/wrong answer to this question?Obviously, they have never heard of BRRRR method. thanks in advance for any insight.
Priscila Parra
Rental Market in Queens, NY
Hello BPers, I am new to the real estate investing business and in search of some information. I have been doing a lot of reading and search of my own but will like to hear from anyone with a lot more experience than ...
Dean West
Roofstock Financial Analysis Question
Hi,My wife and I are starting out as real estate investors. We are based in San Francisco, so we wanted to use a turnkey company to find us property out-of-state. One of the companies we really like is Roofstock, as...
Russell Lavoie
Best step to take with a tremendous opportunity.
Hey BP I've come across what I would think is an amazing opportunity. My uncle owns a property free and clear minus the estimated 24000 in back taxes. He needs to cash out to retire a little early because he is now o...
AL Brown
Can I do a Cash Out Refinance on a property in my LLC name
Is it possible to do a cash out refinance on a Multi rental property in my LLC name? If so, will they allow me to keep in my LLC name? Have the property for a little over 2 years now. Please advise.
Monica Litster
First Analysis of Rental Bought with private money
Hi, I am working on buying my first rental. It is a foreclosure, so I am thinking it will have to be private $.The asking is $46K. ARV is $140K. I would hold it as a rental, $1100 per month. It is a 2/1 near an air fo...
Ryshawn Cousar
Appraisal In A Lease Option.
Hello BP!! I made a lease option offer to a homeowner and he declined because he assumed at the end of the lease option contract (2/3 years) his house value could drop and the new buyer could only get a loan for the ...
Kenneth Croisetiere
Help Needed: creative financing to buy SFR w/ equity in VA
Good morning fellow BP’ers!!! I’ve stumbled across a slightly distressed SFR within a few miles of my house. I’d like to use the BRRRR strategy and turn this into a rental. It could also turn into a flip if needed ...
Michael Sheridan
North New Jersey Expenses
Being an NJ native and simply loving the state and the North Eastern parts proximity to NYC, I have started my search with a deal in northern NJ. However as anyone who is from NJ would know it is expensive. Has anyone...