Pete M.
MFR valuation & financing Qs
All,Looking at my first foray into commercial multifamily (previously done SFR & small multi BRRRRs). We've looking to essentially do the same (BRRRR), just on a bigger scale. How are you structuring your financ...
John Leonard
Questions to ask mortgage broker at 1st meeting
Hi everyone! So I’m working on my networking and building my “team”. I am meeting with a mortgage broker on Wednesday. I do not have a property yet. I am just seeing where I / we (wife and I) stand for prequalifing fo...
Christopher Morin
Hard Money in New Mexico
I moved to a new area and am having a heck of a time finding a hard money lender for my rehabs in Clovis, NM (pretty meek military town, but we do have a Chipotle!). I've spoken to some small local banks, which have ...
Kevin Hurney
Tax Auction Strategy
I've come across a strategy where you obtain the list of properties that are going to be sold that month. Then you track down the owner and offer to pay the taxes and and an extra couple thousands dollars. The owne...
Ryan Anderson
How Do You Use Your HELOC When Investing?
Hi everyone! I've been in the process of applying for a HELOC on my primary residence for real estate investment purposes, and have appreciated the insight and wisdom from this community regarding searching for a HELO...
Tyrell Proby
Do We Still not know What Hard Money Is?? I'll put it like this!
To give you the easiest version to understand. Hard money is a type of short-term loan that is used by real estate investors to finance investment properties. Unlike traditional bank loans, which are based on the borr...
Christopher J Woodland
How to estimate rehab costs prior to purchase or offer
So, I am looking at doing my first rehab. Are there any tips for estimating how much the rehab will cost? Would it be frowned upon by the seller to get some contractors out to take a look at it and provide estimates b...
Tyler Rusomaroff
Self Storage- Difficult Seller
Hey BP I am running into a problem that I'm sure MANY of have already dealt with. I am looking to purchase a self storage facility but am having a difficult time finding the unit mix. I had to sign an NDA to get the i...
William Coet
Listing the Benefits of Owner Financing to Seller. Please Help
I'm trying to brush up on what the benefits of owner financing are for a seller so I can list them for him. I plan to make an offer, but it will be for quite a bit less than asking price. It's the only way the prope...
Jack B.
Thinking of selling my properties off slowly over time.
I started buying rental properties in 2010. I had 11, now have 8 single family homes. 4 of which I bought in 2021 using cash out refinances from the other 4.
Cash flow is 48K a year after accounting for vacancy and ...