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Results (10,000+)
Randee Masangya Looking for Out of State investments
22 March 2024 | 21 replies
Pls PM me your contact info and I will speak with my partners about it and get back to you.
Mary Jay When would you buy a property with a negative cashflow?
22 March 2024 | 88 replies
(If lets say you would buy a property with the negative cash flow but you dont worry about the cash flow, because you will be flipping the property, what margin would you need in order to buy it if you know you cant rent it out as a back out strategy)...Thank you!
Matthew Masoud Hot take: Personal booking websites for your STR are Mandatory
22 March 2024 | 22 replies
Quote from @Michael Baum: Good post @Matthew Masoud.I have to push back a little on the SEO comments.
Jennifer King Would love to get a wholesale template that has been used in MD
22 March 2024 | 23 replies
Not that the intent is back out, but one thing I'm trying to do is gaining a solid understanding of no-risk EMD (as long as deal is closed within a certain timeframe), - how to explain the risk reversal to the seller - and also the buyer.I would be most thankful for the help and if you wanna join my network of MD/DC/VA based REI let me know.
James Devoe Container Home Build
22 March 2024 | 6 replies
Hi Everyone,I'm playing with the idea of building a Shipping Container Home around Asheville, NC.The plan is to either hold it as an STR, or to sell it.The question I have is regarding Mortgages:* If I hold the property for STR, I will want to be able to Re-finance my money back out (BRRR Method)* If I sell it, I will want to make sure a buyer will be able to take out a mortgage for purchase. 
Kayla Weigel How Do I Finance My Third House WITHOUT W2 Income?
21 March 2024 | 16 replies
One property is a condo (in CA) that I rent out, and the other property is a house (in NV) that I live in and rent out the other rooms.I quit my W2 job last year to start a business, which is slightly profitable today, but I reinvest everything back into the business.I have a bunch of cash saved up and am comfortable deploying $100K into another property in Las Vegas ($80K down payment + $10K furnishing + $10K margin).The only problem is that I’m not sure how to finance my next house without W2 income.I talked to a few lenders about DSCR loans, and most say they calculate rental income based on the entire house, instead of by the room.I would love to get the creative knowledge of the BP community on how to fund my next home 🙏🏼I'm also open to any lender referrals 😊
Lisa McKinney HELP!! How to Structure part finance/part seller buyback
22 March 2024 | 3 replies
This will be the carry back mortgage and 2nd position. - Both the seller and the buyer will be on the Deed.I don't know that I want 2nd position or to co-own.  
Jordan Moorhead NAR Commission Settlement
22 March 2024 | 5 replies
This should be interesting as better agents who have more business will naturally keep the firm at higher commissions, leaving less experienced agents with more low-priced business.Uninformed sellers will push back on including buyers commissions in the sales price resulting in less competition and lower prices on those homes.Uninformed buyers will self-sort out of the market unless they meet a great agent to explain their options.
Nate Powley Where are the Deals for 4plexs and Duplex's in Utah?
22 March 2024 | 13 replies
These would now go for over 1M - 1.1M minimum and at peak a couple years back with lower financing were worth ~1.2 - 1.3M.
Daniel A. Schedule E or Schedule C?
21 March 2024 | 3 replies
We let our CPA know but haven't heard back on his thoughts yet.Does anyone have any insight?