Bruce Bennett
Submitted Loan App. to Dominion Financial. So Far So Good.
--Day 1: called and tt l/o regarding refi of Quad. Liked what I heard, decided to move forward. (They have 30 yr terms, Rates in the 4's....hip hip hooray :) Received Loan Questionnaire.--Day2: submitted loan ques...
Yvonne Wang
Financing options for a BRRRR + STR?
What are my financing options if I want to do a BRRRR + STR? I prefer to use conventional loan over DSCR for the refi due to lower rates and no prepayment penalty. Specifically:
1. Do I have to purchase the house ...
Wesley Sharpton
Anyone worked with RentToRetirement Turnkey
Hi everyone Wes here I’m a newbie. I live in NYC and I’m looking into RentToRetirement turnkey company to invest in my first single family home.I would love to hear any feedback from anyone has worked with this compan...
Chris Seveney
Easiest Predictor Of Losing Money In A Fund
As someone who has worn both hats as a GP and a LP - here is a statistic which to date has had 100% accuracy in determining if the investment will not end up successful.What is it?Having Audited financials completed o...
Travis Hewlett
JV partners pulled out at the last moment - What do I do now?
Hello BP - I am a new member and have a question on how to pull out an 11th hour victory! I found a deal in late November that cash-flows around $1000/mth with an estimated ROI of 75% and a worst case scenario 30% whi...
Edgar Garnys
Exit Strategy for Multi-Family
Hello BP Community!
I am reviewing the performance for one of my multi-family investments and noticed that the yearly taxes are going up over 50% as the assessed value has gone up (most likely due to overall market a...
Robin Searle
Colorado Landlords Take Note
I just was made aware that the Colorado legislature will be voting on House Bill 19-1118 tomorrow which extends the amount of time for you to be able to make a demand for rent before you can begin eviction proceedings...
Mickey Busanet
Good idea or bad idea!
so, let's say that I came into some money due to a lawsuit, and my lawyer spoke to me about investing some of it into a structured settlement for example.
1,000,000 initial investment for 20yrs at 2.79% IRR
At the e...
Monica Litster
JV on my first multi fam
I am getting ready to discuss a JV with someone. I am doing my first multi fam; he has many units. My original thought was to just work with him as a private money lender, where he brings the 20% down to the table, tw...
Jessica Grimm
Order of operations for multifamily purchase
We have about 15 SFH properties that we've acquired over the years but we've not delved into multifamily. We are looking at a 11 unit apartment complex. I need the rental agreements, etc to run numbers more accurate...