Kera Covani
When do you refinance after a BRRRR
Hello All, I would like to BRRRR a few SFH's. After further research, I have been told by more than one lender that you have to wait one year to refinance the property to get the initial cash out. This explanation for...
Allen Collier
Additional tenants to lease
I need your help again, you all have been great so far!
So I have tenants that haven’t signed a lease yet, but intend to in order to move in June 15. Three people who are friends, for a 3 bedroom house. Now they have...
Arturo Fuentes
Financial advice for a rookie
Hello friends, So I'm thinking of buying my first property. The idea is for it to be a house hack (live in 1 bedroom, rent out the other ones). Here's the conundrum: I live in Denver where the market is crazy hot. The...
Ko Saynourath
Mutual Termination Agreement
First off, I'm new to the BP community and I just wanted to say and give a slight intro about myself. My wife and I have been landlords for 16 years and now have three properties simply because we just converted our ...
Joseph Weisenbloom
Sell as-is OR improve and sell
I have a duplex I am selling that has low cashflow and a ton of equity. The rising property value has increased the taxes to the point where it is eating a lot of my cashflow. I cannot sell it as-is to a conventional ...
Ryan Valenciano
Using loan depot good or bad idea ?
Good evening, I am currently looking for funding. I stublemed apon loan depot here in bigger pockets. I was doing my reasearch & i found some really bad reviews about them, I was wondering if anyone on here has us...
Adam Pond
Refinance to knock off PMI or automatic?
This is a semi-introduction, semi-question I haven't been able to find information on. Perhaps I need to up my Google game!Hi there, My name is Adam Pond and my brother, Matthew and I are budding Real Estate Investors...
Alexander Levit
do loan officers keep the 2% commission or is it like R/E
Do Loan Officers keep the full 2% of the mortgage loan or do they have to split it? In real estate I know the 6%-5% is split between both sides of sale (sellers/buyers) and then the remaining amount is split with the ...
Adam Scheetz
Should I Start Out with Multi-Family First??
I bought a primary residence Single-Family in 2010, Rented it in 2015 [sole landlord], and Just sold it in 2018 FSBO. That's the extent of my 'hands on' experience. Having said that, In pursuit of experience and growt...
Ali Senchenique
Security deposit and rental income question
Question about bank accounts. Do you guys keep security deposit in a separate bank account and if so what kind? CD, money market account or just plain bank account? Also for rent, do you open a different bank account ...