I took out a $100,000 heloc on my primary residence (that I am STR house hacking to great success). I used the heloc to buy my second vacation rental, which is also cash flowing after 9 months in. I'm eager to recyc...
Hey everyone. Looking for a general understanding of how DSCR Loans work. I understand that ratio generally needs to be around 1.2, but what's the percentage of an average down payment on one I should expect to pay? H...
Hello, I'm wondering if anyone in Fresno, CA knows of a title company that will give me a list of all cash buyers in the area? When I obtain this list, what do I say? I assume I cannot just blast a deal their way with...
I'm in an interesting deal and would love to hear your opinions.I have a $420k commercial building. A microbrew wants to move in and fix it up. After 3 to 5 years they want an option to buy up to 50% of the facility...
Hello, I am interested in purchasing rental property and wholesaling properties. I have located a property (good condition) that I can purchase with cash. It only requires some paint and new carpet to turn it into a g...
We are thinking about buying an REO property through Hubzu which has been vacant since 8 years. It is a townhouse which was built in 1993. The bank told us that no inspections are allowed and we cannot go inside the p...
Hello BPs! How much is the closing costs in general in PA? by county/area etc.
One source says to use Listsource for getting motivated sellers using Absentee Owners, while another source says to use Listsource for getting cash buyers using Absentee Owners. The only difference with the parameter...
Where do a person score need to be to purchase a Rehab, and how much money do you need to have a closing and how many can you purchase at one time, and is it true that as you fix up the property the lender will give y...
I think this is a basic question about how depreciation works in a 1031 exchange and I think the easiest way to ask is through an example:I buy house A for $200k, over the course of 5 years depreciate $50k of it, and ...