I'm about to refinance out of a HML on a BRRRR deal and am weighing two options. I'm hoping to solicit opinions on the pros/cons of each. Option 1 is to do a cash out refi for 75%. Option 2 is to refinance just to pay...
Hi everyone; If you had the luxury of choosing any area of the country to do lease option deals, what would you look for in your target area? I'm having a tough time conceptualizing what a "better than average" lease ...
Hello all,My and I are looking to purchase or first investment property. Originally we were looking for a low purchase price with a higher rehab cost (all cash transactions). Now a realtor asked if we would be interes...
Hello,I have to replace a furnace for a rental property that gave out this winter (it was 30+ years old). I'm very into green energy and was looking for energy efficiency options, such as a Combi unit that also does h...
Hi everyone. My wife and I want to take action and purchase our first rental. It will be for my son first and then my daughter as they go through college. (My son needs a place this fall, and my daughter will when s...
Good morning BP friends. I am currently looking to use an owner occupied loan to purchase a small multifamily (two-four plex). I have qualified for both 3.5% FHA and 5% conventional. I am aware of the benefits of each...
Where has everyone been seeing the most success? Just a general question!
What would you guys do? I have an option of buying a rehabbed SFH 3br, 1 bath for $175,000. It is in a class B neighborhood and all the repairs are done on it. Comps are from 185-210. Just needs a power wash on the s...
Hi All,I've been reading various articles regarding renting but wanted to ask from experience what people think regarding buying rental property in a medium/low vs medium income location? Say for instance if you had t...
I am thinking about getting my license to transition out of my current corporate job of 25 years. Talking with the agent that is selling our home right now about real estate and training. He said that the local compan...