Juan Diaz
Figuring out How Much $$$$ you can afford to invest
Hi All,When I talk with (and when I've worked with as well!) newbie investors, one of the things they have difficulty calculating is how much cash they have available to invest without putting themselves through a liq...
Chris Ryan
Best way to add a spouse to a deed of a house! (QuitClaim Deed?)
Hello everyone! I am looking for legal advice. The end goal is to add a my name to my spouses home while limiting exposure to any liabilities that may be incurred on my end and avoid any probate scenarios (joint tenan...
Rick Howell
Follow the Money Trail: Financing Solutions
One of the most common complaints in the investing world is the difficulty in finding financing. Savvy investors have options outside traditional channels. If you know your personal investment style and goals, you can...
Mike Becher
What would you do with $50,000 available for a second property?
I bought my first duplex in August of last year (2018), which I currently have an $85,000 loan on through a local bank. I have a family member who is interested in loaning me $50,000 for a second property @ 8% interes...
Steve S.
Buying a condo from a relocation company?
I've had my eye on a nice condo in a trendy part of Dallas. I found one that's been on the market for 8 months and come to find out it's owned by a corporate relocation company. What's the best way to negotiate with...
Sherron Finney
Looking for the best way to finance a my first investment buy & hold deal w/o living in the property.
I recently came across a deal I obtained via a postcard campaign. ("Buy your House Cash AS-IS") Here's the deal-2 Family (on a good block) - $2000 Rental income/monthly (full occupied by tenants 1) 10yrs 2) 4 yrs-$7,0...
Brian G. Bump
Whereto hold RE profit frm sale while searching fr new investment
We are negotiating selling our rental home to the current tenant. We have lived in the home 2 out of the last 5 years(owned it since 2003), which should prevent us from paying capital gains taxes. The goal was to keep...
Matthew Gardner
Appraised Value Lenders
Hello BP!I am curious if anyone works with lenders that lend immediately based on appraised values of properties. I recently purchased a fully stabilized property, 35k under appraised value. At the same time I am look...
Mike Schorah
What are good financing terms for a cash out refinance?
My local credit union offers up to 75% LTV. They have 10, 15, 20, and 30 year loans. Anything above 10 years has a 12-year balloon payment. I can always refinance it. The rate is exactly 1% higher than what the rate i...
Alexis R Beckley
LLC Advice and guidance
I'm currently working on getting my LLC. I don't know how to label a LLC. For example, is putting your name in the LLC a good thing or bad thing. Should an LLC be related to business in anyway? I know that this is pro...