I'm sure there is a creative workaround but the trouble I am finding with BRRRR model is the Refinancing part!! More specifically, I can't seem to refinance due to my Debt to Income ratio due in large part to BRRRR!!...
I'm considering making my first investment in syndications and am considering BAM, Ashcroft, and/or Praxis. Most of the reviews of these folks are quite dated, so I was wondering if people could offer more current per...
I'm hearing a lot of people talk about how fix and flip deals are almost impossible to find and execute these days and that the "window is closed." I assume that's because prices have risen in many markets and it is ...
I bought a three flat for $415,000 almost a year ago to date. The rents were $850 each. I am on a FHA 30 year fixed at a 3.35%, with 5% down. PMI will never come off this loan due to the FHA loan I got at the time, an...
Hi Everyone! I'm researching where would be a good market for investing in a mid level ($1M to 1.5M) multi unit for the best return rates and stability. Ideally somewhere near Detroit, Los Angeles, or Charlotte NC, bu...
Looking to add a 3rd SFR investment property to my portfolio. I tried to do a conventional 30yr fixed mortgage but was turned down by my normal lender due to the tax write offs over the last year with my other propert...
Hi everyone, I'm a real estate investor in Philadelphia and have secured hard money financing for my latest investment property. Once the renovation is complete and I rent it out, I'd love to refinance ASAP. Would lov...
Hello BPs community, thank you in advance for any thoughts shared.
I just sold a rental property which had quite a bit of equity from appreciation and principal pay down through the years. I have it all set up for a...
Dear BPs,
I am a newbie evaluating loan terms from a commercial mortgage broker. I am putting the info below. Need your take on what you think about the terms here.
The property is in Charlotte, NC. ...
Hello BP!Everyone knows a term "motivated seller" and a certain images may pop up in one's mind when that term is heard. But about buyers? It looks like there are plenty of those came around in the last few years and ...