Alexander Marsh
FHA-->House Hack-->Cash-out Refi?
I'm in the process of buying a house for 318k. Comps in the area tell me that this house is worth ~430k. It doesn't need any work and is coming at a great discount. I'm using an FHA loan with a nice rate of 3.75%, and...
Nathan Vaught
BRRRR strategy using leverage
If you are leveraging a BRRRR deal. Is it possible that the amount you receive from the bank when you refinance would not be enough to pay off your private lender? How are you suppose to pay off your private lender wh...
Talley Haines
Tax question about Depreciation
Can someone explain depreciation on a rental property. I’m new to the real estate so please explain it to me like you would a 6th grader.
Brandon Connor
Family Loan for BRRRR Ya or Na?
As I am just starting out and still working on building capital to purchase properties I am thinking up strategies to buy a second property. My current property had a low down payment and so it currently does not have...
Travis Petty
Crazy Idea . . . Hard-money, Rehab, New Notes, No Money Down Ever
Hey BP peeps!New to this whole deal . . . have an idea/strategy, want to see if it holds water:Find a distressed/undervalued propertyCome in as a "cash" buyer, using Hard moneyGet the rehab work done with said hard mo...
Omar Diaz
Hard money lender payment structure
Hello BP community, I'll be using the BRRRR strategy with my properties and considering hard money lenders. My questions are, how does a hard money lender expect repayment of the loan? In one lump sum after a pre dete...
Sammie Sams
My first rental property!!!!!
So I’m thinking about buying my first property, Cash about 40-45 thousand bucks. Fixing it up and getting sum rental cash flow coming in can anyone help with suggestions I’m super nervous.
Joon Yi
Hoping to invest in Mobile Home in CA, is the game over?
Hello BP.
I've been saving money and finally have some money to start investing. Since Mobile homes are cheaper, I thought I'd start by reading up and researching on buying one and flip for a Lonnie deal.
...
Emily And Eric Erickson
Hold cash or be invested in these uncertain times?
They say cash is king but does that hold out in a high inflation environment that is forcing a strong seller's market into a sharp 180 degree turn into a buyer's market?With the Fed continuing to push up interest rate...
Sean Griffin
What is the REAL rate of inflation 2.5% or 12.5%?
In my opinion, inflation rates are extremely understated, please see these two articles that drive the point home:http://www.businessinsider.com/if-people-knew-the-...https://www.zerohedge.com/news/2017-05-09/devonshi...