Alex M.
My 5 year plan - what's yours?
16 April 2024 | 6 replies
Obviously, this plan will include a significant focus on networking and education.
Joel Amparan
Advice on Dads VA Home Loan Assumption
17 April 2024 | 3 replies
I like small local community banks and credit unions more than big banks.
Carlos Lopes
Recommendations On Next Real Estate Move For Beginners
15 April 2024 | 5 replies
Once I purchase my new home in GA, I’m wanting to keep buying more rentals and start building a portfolio, just not too sure yet on what approach to take.
Vinny Incognoli
Need help moving beyond my first property
15 April 2024 | 5 replies
What would be the best approach to purchase another rental property?
Jarrett Fogelman
What’s your views on getting Solar Panels?
18 April 2024 | 27 replies
just want to share my view that the solar is very famous around the "overpaid engineers community" and "Tesla/Elon Musk" followes. but for the rest of guys maybe ......
David Ferguson
Starting a LLC for rental properties, Virginia
16 April 2024 | 8 replies
(Search for the Due on Sale clause in a mortgage and you'll see plenty of threads and opinions on that but it is very common practice).I would focus 99% of your time on finding the right area and property, as well as team - agent, Property Manager (@Stephen Glover is a very good start on this one btw), banker, Contractor, etc.
Hannah Joy
Overextending? Need advice from the old timers
18 April 2024 | 26 replies
I would personally just turn each unit over as they come back up for lease, then increase the rents and fix it up over time. 100k is a downpayment on another place and/or reserve funds.I agree with this approach.
Evan Polaski
Is Floating Rate Debt still Bad?
17 April 2024 | 3 replies
His reasons were: a) he can borrow capital improvement budget, thereby not diluting LP returns and b) he could not underwrite yield maintenance.He continued to imply that his business model will remain short term holds (under 5 years) so this debt works for him and is better than fixed rate.My question to this community: would you still be willing to invest with an operator taking out floating rate debt in today's world?
Aaron Bard
Easy Street Capital (Legit or No?)
16 April 2024 | 18 replies
I was wondering if anyone else in the BP community has used this company for their investment lending.I cannot achieve another low-money down loan until the end of 2024 when the seasoning period of my FHA loan runs out, so I'm looking for other alternatives.Thank you for any help!
Freddy Alban
Fix n Flip in Charlotte
16 April 2024 | 1 reply
This approach enabled us to kickstart the project without personal financial input.