I have a duplex with over $400k in equity and a single family home with over $200k in equity . I would like to get a HELOC to use for either fix and flips or buy and hold properties or both. What book(s) would someone...
I am looking to buy a house within the next few months and am looking into seller financing as an option. If I were to go this route would/should I get a home inspection done? Are inspections typically done if using...
Hello Everyone, Im running my numbers on properties and falling into the negative in cash flow. I believe it is due to rent being so low and mortgage high. I m looking in northeast heights area in New Mexico. For an ...
Hello community and thank you in advance for responses. I have a client, who was recently divorced thus taking a hit on their credit. The client is a friend and has a business. They are having trouble getting appro...
First of all I’m a newbie and I’m ready to do an out of state flip. I live in California and bought my first buy and hold recently outside of Birmingham Al. All is well there, but now I’m wanting to do a flip in the B...
Does anyone have a contact for a bank/broker that does cash out refi and operates at competitive rates?Have been working with MACU and they are @ 3.625% the broker seems to be to busy to want the business. ICCU is rea...
Hey everybody,I’m a 25 year old, new to the RE game, looking to buy a rental property with my father (preferably a duplex so we can house hack). My credit is between 730-755, and together we have about $12,000 saved u...
I bought a 28 Unit apartment in 2018. I have updated 90% of the units, raised rents and increased the NOI. Interest rate is 5.5% with a balloon payment of 5 years (2022). Is it a good idea (if possible) to refinance w...
Question before purchasing under our LLC. 1st time investor. We just opened an LLC and opened a business checking account with it. We plan to BRRRR our first property. We are using cash from our home equity and trans...
Hi everyone,
A friend approached me with information regarding a beachfront property his family has inherited and I would like to help him with options. So I am reaching out to the BP community for advice and...