Leon Lee
Why is dangerous to buy small MF deals in tertiary markets now?
1 March 2020 | 29 replies
Unless you're concerned about value for resell and/or debt refinancing, I think many prefer that sector of the market.
Joel Parrilla
Best for cash at closing?
17 February 2020 | 4 replies
Refinancing the BRRRR with no income will be nearly impossible if you're just starting out.
Todd Powell
How I Created an Additional $7,000/Mo. Cash Flow in 4 Years!
21 July 2021 | 254 replies
So, in the last 4 years this is what I have accomplished;1) flipped around 12 properties2) bought into 5 plex in Lebanon 50/50 with my son for $375,000, rehabbed some and increased rents to market.3) bought into 8 plex in Forest Grove 50/50 with my son for $642,000, rehabbed all 8 units and at market rents.4) sold 5 plex in Lebanon by owner for $545,000 and invested into Crowdstreet Opportunity Zone in Atlanta, Ga.5) bought fixer 4 plex in Albany, Or rehabbed, and rented at market6) bought 2 fixer 4 plex's near Western Oregon college campus, rehabbed, and rent at market.7) started hair salon, pretty much failed, and got rid of it 3 years later.8) refinanced 8 plex and pulled out $100,000 on my portion to pay off debt.9) Majority partner refinanced 72 unit building and received $145,000 I used towards debt.I accumulated lots of debt during this 4 year period, using my HELOC for down payments and rehab work to get to market rents.
Jared Wild
Is anyone selling off properties before the next recession?
18 February 2020 | 48 replies
@Jared Wild I mean I would sell but I’m refinancing this extra income and interesting in investing in some large apartment complexes
Kenneth Burke
Is it dangerous to mix business - personal finances with LLC ?
15 February 2020 | 3 replies
I recently refinanced the mortgage on my primary residence and combined the loans I took out to purchase my investment properties.
Kenneth Burke
Is it dangerous to mix business-personal finances with LLC ?
16 February 2020 | 2 replies
I recently refinanced the mortgage on my primary residence and combined the loans I took out to purchase my investment properties.
Kye Delahoussaye-Kendrick
Home loan programs that combine rehab and conventional loans
16 February 2020 | 2 replies
My follow up question is, so if I were to be doing a buy rehab rent refinance on a property would you recommend paying down payment with my own cash and getting a fixed rate 30, year loan, using hard money for rehab, and then refinancing after that?
Rob Bianco
Cash out Refinancing; How much equity should I keep?
16 February 2020 | 7 replies
I’m debating how much equity I should hang onto when refinancing a property where I own in cash.
Stanford Walker
How and when should I talk to a bank to refinance a BRRRR deal?
17 February 2020 | 5 replies
Each Bank/Lender has a certain seasoning period, in which the home must be owned before refinancing.
E. Miller
Thoughts on this deal?
24 February 2020 | 14 replies
I most recently refinanced $3M with him a few months ago and had no issues, and our relationship goes back 6 years.