Jeffrey Naeger
Investment Property and refi
Hi all. Thank you for any and all advice. I could really use it. Me and a business partner bought a house with a hard money. There is no lien on the mortgage, the house is in Corpus Christi Texas. We rehabbed the prop...
Mindy Jensen
Cost Segregation in MHP held in SD Solo 401k?
Is it worth doing a cost segregation study on a Mobile Home Park held in your Self Directed Solo 401(k)?@Linda Weygant @Yonah Weiss @Dmitriy Fomichenko
Ryan Graves
Hardest Part of Being a landlord??
Hi everyone,I am pretty new to the site and have been learning a ton poking around here. This is one of my first posts so please be gentle. I'm asking for two reasons... first I am about to self manage for the first t...
David Gjeldum
Transfer of ownership to a LLC, frees up credit?
Hey everyone,
Thinking of buying a condo here in Chicago (I know none of you are fond of that, but I have my reasons)
Say I buy a unit/finance it in my own name. If I transfer ownership to a LLC, does that free up m...
Dina Hillier
BRRRR + traditional funding simultaneously?
New user here! We have one rental property in Texas and just did a cash out refinance . (Our current tenant's rent is paying for total cost of new mortgage, including cash out)We are currently looking at properties in...
Nik Krohn
Purchase cash then refi VS Purchase with loan
I was listening to the BP podcast show 53 and Josh mentions purchasing cash and then doing a refi on your properties. Is it a better strategy to purchase a property all cash then to do a refi OR to try to purchase the...
Andrew Bondarchuk
[Calc Review] This deal looks pretty good to me!
View reportI've found a foreclosure in an area that is booming and I believe there will be a lot of interest in this property because of it. This is listed at $51k but comps in the area are valued at $150k. For rental...
John K.
Seller's financing - ARM, ideas on future interest rate?
Hi,
even though I really didn't want to, in the end I had to accept a condition of the seller to have adjustable rate on the seller's financing. There is a 4 year balloon, so I just hope that the interest rates won't...
Andrew Nesbitt
Is there a way around the 20%-25% down for a rental property?
I read online that you can use a seller 2nd for the down payment, but some lender told me you can't do that with a conventional loan. Is that true or does he just not know what he's doing? I have excellent credit a...
Brandon De La Pena
Other ways to get financing ?
Hey guys, I have been learning about real estate since high school and I am currently 21 years old. I have been saving for a while now and have about $32k to put down for my first property. The problem is that I worke...