David Caradonna
Getting use of your equity efficiently
Good Afternoon everyone. I was wondering if anyone has had any luck recently accessing equity they may have in their properties. I have two investment properties, one with about $100k of equity based off an appraisal ...
Brandon Clark
Using HELOC to invest in 1st rental property smart?
Hey Guys,I have a single family home that I currently live in and I owe 104k on it. My real estate agent just sent me some comps on houses selling at 145k, 138k and 129k on my street. I will apply for the HELOC and ho...
Brandon Poole
Selling a property that was acquired subject to
Hello,I am new to real estate investing and I have been learning about creative financing. A question that I have is, once you have acquired a home via subject to, what does it look like if you want to sell the home?...
Account Closed
1031x, LLC, and Mortgage
Hi BP,So, I'm in a situation where I would like some input on how to proceed. I purchased a quad cash back in 2012 and now it doesn't meet my long-term investment strategy - it's not in the best location. I want to ...
Zachary D.
New loan helps my fico score & DTI but what do lenders see?
I'm currently paying my credit cards down each month and am seeing gradual improvements to my credit score. I don't have any delinquencies or other red flags on my report and unless something new comes up the only thi...
Mitchell Morwood
Brrrr strategy thoughts
So I’m struggling with how much my mortgage payment will be after I refinance. If I buy a house for 150 and can rehab it to make it worth 250, that’s a giant mortgage payment. Even if I’m getting 1500 a month for rent...
Tim Silvers
Solar lien disposition on vacant lot
House was severely fire damaged and subsequently deemed uninhabitable and demo'd by the city along with the solar panels. In addition, the lessee of record is deceased. Death certificate was already sent some time bac...
Eric Knittel
Private money between friends
Hi everyone,I am interested in borrowing money from friends and family to buy more real estate. I have used hard money in the past and I am trying to see if I can eliminate some of the costs associated with the HM len...
Eric Waterford
Fourplex investing!
Hey there!My name is Eric & I just joined BP! I am currently looking at investing into my first fourplex in the Tacoma Washington area. I also just passed the broker's exam so I can start purchasing them myself. I...
Michael Plante
Cash out Loan on a group of properties?
Is there such a thing as a single cash out loan for few properties?All are in the same general area. Thinking maybe having no loans is not the way to goSo is there such an animal as a cash out loan which covers a few...