Andy Tomaswick
Holding Repair Capital
Hi All,I know it's standard practice to count a certain percentage (I've heard 10%) of the rent you get from a property as going towards repairs. However, as I'm sure everyone is aware, these can be very "chunky". Y...
MD Fernandez
Fix and Flip: Refinance? Sell? Or both??
Hello All,
I'm looking into a fix and flip for a Westchester County coop. The initial purchase is all cash, and so is the renovation. When all is said and done, I want to sell. I don't plan to hold the property fo...
Kaushik Chatterjee
[Calc Review] Help me analyze this deal
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Rick J.
RE Investor / Cash buyer. Where should I start?
Hello - As you can see I am new to this site but have been following BP podcasts for a long time. Have a few investment properties that I have acquired through mortgage and now have an opportunity to buy in cash. I ha...
Account Closed
What to do with cash flow?
Forgive me if this has been covered elsewhere. I searched but couldn't find the answer to my specific question.
I'm looking to buy my first rental property with a down payment/closing costs from my primary residence'...
Taylor Thompson
Getting first rental at 19 and expanding
Hey everyone! The last year I’ve spent learning as much as I can about real estate and plan on getting my first rental within a year from now. I will have over $30,000 saved up by then but trying figure out what’s the...
Howard Jow
What should we do one year later?
My wife and I started out paying double mortgage payments in our current primary after she finished college in 2016. We were maybe 2.5 years away from being debt free. Then, we refinanced, pulled out cash, and used ...
Kent Hurlbert
More than one VA loan question
I have a VA loan that was issued for $350k it is payed down to $320k currently. If I were to get another VA loan would the value of what originally loaned or what was is currently owed be against the $600k entitlement...
Marty Gold
What do you do with CapEx money?
I am searching for my first rental and know it's important to save CapEx money each month for big problems that eventually arise. But what do people do with this money? Stock market is likely too risky and bonds ar...
Sam Burchyett
Scaling with Line of Credit
Hey all!
Long story short, I've been using a line of credit ($300k @ 5%) and have completed several flips so far this year. However, taxes & commissions are quickly making me realize that I want to get into BRRRR...