Deborah Richards
Financing for downpayment
Hi
Hoping i can get some feedback on this. I am a new investor and looking at to get my financing lined up for my first investment. I dont have a property yet so just researching. I currently have an FHA 30 year ...
Justin Bailey
Finding land for STR and lenders
Need advice on finding land for a STR (unique stay) and using a lender that will fund building the property (small container home or a frame). I've been using a heloc for my down payments on my LTR and refinancing the...
Ahmad Abotteen
Full re-build of a Single-Family Home
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $53,000
Cash invested: $121,000
Originally a 3 bedroom 1 bathroom home with an unfinished basement that was destroy...
Ryan Fox
who drafts release of deed of trust?
I made a private loan to a borrower secured by a deed of trust. The borrower is now refinancing. Is it customary for me to draft the release of DOT (sometimes called a "deed of release") or does title usually prepar...
Josh Green
Cash Out Refinance, HELOC, and Co-Investing
Hi All,I want this discussion to focus on the latter as I've found it pretty simple to understand the pros/cons of Cash out Refi vs HELOC and the strategic purposes each can have. However, I wanted to reach out to th...
Adam Szaniszlo
Fix & Hold #1: 11 Clinton Street, Middletown, NJ
Investment Info:
Single-family residence buy & hold investment in Middletown.
Purchase price: $110,000
Cash invested: $70,000
I purchased this 2 bed 1 bath in the summer of 2019 for $110k. I pu...
Marc Von Osinski
Want to add DADU on my property for first rental-advice needed
I've had this idea for a number of years but just haven't pushed on to do it. It can't be manufactured or mobile home and of course we'd have to do all the permits and if I'm coverting an existing building I'd have t...
Joshua Granberg
Jonesboro House Remodel
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $19,000
Cash invested: $42,000
Sale price: $120,000
This property was originally a SFH with a detached g...
Jason Meissner
Do Flippers (Buy, Remodel) and BRRR Method people (Rent, Refinance) ever Partner?
It seems like if a flipper set up and remodeled BRRR deals they could avoid any market ups and downs (Flipper = Buy, Rehab). In BRRR planning you should start from refinancing the monthly rents backwards. I actually k...
Jordan Ray
Mid Term rental on primary in San Diego?
Didn’t see a thread for midterm rentals so using the short term thread.I have a portion of land on my Primary residence I will be putting a ADU on for mid term rentals to traveling nurses and college students. My init...