Mike Mitchell
Note Servicing Companies
14 August 2024 | 42 replies
BP members make a donation to aheroshome.org and they get me for a half an hour to talk shop.. if its something I am not really up to speed on I let them know they can still donate but I may not be the best person for advice..
Chris Miller
Cashout Refinance Subject TO
15 August 2024 | 23 replies
Thank you for the fast reply.I am leaning towards it might be a bit risky to assume a refinance as an exit strategy if you are in a deal with a lot of equity tied up.Definitely Valdut, its always good to know all options and pick the option which allows for the best execution is speed, pricing, terms, and the right product for the given situation (rehab, acquisition, long term cashflow, construction, or interim, bridge, etc).
Hadar Giladi
Markets for BRRR
14 August 2024 | 22 replies
All we can do in constantly moving housing market is stay up to speed with your research on future markets.
Andrew Postell
How To: Cash out 1-4 unit Property
20 August 2024 | 452 replies
I am looking forward to trying this strategy out in the near future to speed up my BRRRR.
Eryn Garcia
What amenities do your guests like/love/ comment on in your houses.
9 August 2024 | 9 replies
for individual room rentals I don't think work from home is big and for multiple room rentals I might try to avoid it but gamers loved having a desk too and decent internet speed.
Jose N.
High maintenance costs.
10 August 2024 | 11 replies
I hope you have a small war chest to get these homes up-to-speed.
Trevor Levine
Lease or buy a commercial washer/dryer? Pros and cons?
8 August 2024 | 2 replies
Leasing a Maytag laundry center from Wash.com would cost me $100/mo, but reviewers say they can take weeks to come out for repairs.A local place called Mission Laundry Equipment can lease me a Speed Queen laundry center for $110/mo, or sell it to me for $4,299 (actually $5,450 with all taxes and fees for delivery, installation, and setting up the credit card system).
Haley Elisabeth
Sticking to Mostly Cash vs. Financing?
9 August 2024 | 7 replies
This is particularly important in competitive markets where speed can be a key factor.Risk Management: While there is certainly risk with any form of financing, careful management and choosing the right lender can mitigate these risks.
Michell Chase
Just closed on 1st investment using conventional, can i purchase 2nd right away?
8 August 2024 | 7 replies
If your focus is on speed, (e.g. because the seller dosn´t want to wait or give a financing contingency) you might consider a hard/private money loan, since they usually can close way faster than a conventional bank loan.
Tatyana Sherban
Real estate Financing
7 August 2024 | 2 replies
@Tatyana Sherban Considerations are speed, imterest rate and other terms, hassle and complexty of getting loan, and in some cases probablity of getting loan.