I met with a bank today who presented a securities-based LOC that can be used for real estate purchase.ScenarioCurrently this bank has none of my business. I gave them a financial snapshot and they came back with a de...
Hi
I need some help understanding the steps to financing a BRRRR.
If you're using hard money, do you secure financing before or after finding a distress property to purchase and rehab, or do you get pre-approved and...
Hello! I am wanting to find out what is the most popular software or program you guys are using to keep track of income and expenses with your rentals. I own 12 units now and looking at around 40 more units in two...
Lately, I have been wanting to learn more about how certain investors have built up massive wealth and survived one or two real estate crashes. I don't believe zero down investing is the only way and certainly not pay...
Hey BP community, my wife and I are trying to make a decision about how to best deploy our savings. We have about $25,000 in liquid savings, which is enough for us to buy a single family BRRRR deal in our target marke...
We needed cash flow fast, to pay our bills, since my husband 'medicalled out' of his airline flying career. We had enough money in savings to buy five rental properties in two years and so we paid cash for all of t...
I have heard all the horror stories of 'Bad Tenants' who trash / destroy / gut the landlords properties, and read about the how-to's on hedging against it. The thing I don't know who would fit the criteria of a 'Good...
I came across an off line deal. Owner is selling a mobile home park that has 5 mobile homes on it. Here are the specifics. - Purchase price: $145(mobiles and land included in price) - All mobiles are paid in full - 5 ...
Hello,I live in Atlanta and next year I plan on purchasing a home. I currently rent at $1250 a month. I have had 3 homes before but filled Chapter 13 during the housing crisis and released 2 and then the 3rd house in ...
Hello BP,I have years of experience wholesaling properties for investors to flip or rent. They usually use hard money or cash to purchase their homes. I am now under contract to buy my first home where I will be livin...