Brian Plowman
BRRR strategy for commercial investments
I am looking to finance a 8 unit in my local area and I was curious if anyone has any experience financing (conventional 20 year variable) a commercial property fixing it up and then doing a cash out refi for similar ...
Lisa Gerard
Owner financing offered, property has a reverse mortgage
Found an opportunity for a tri-plex property offering owner financing, 12% down, 0% interest at a reasonable asking price and good rents. Sounds great! Then she tells me she's got a reverse mortgage on the property....
David Kluszczynski
First time landlord + first live in flip
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $325,000
Cash invested: $70,000
After listening to 103 episodes of the BP podcast here we are
This property was bo...
Andrea Bailey
Breaking the 50/50 and 2% Rule...should I?
I have heard several (if not many) of the BP podcast guests say they use the MLS to find good deals. I look on the MLS almost every day, and the 50/50 & 2% rules absolutely do not apply. In my town real estate pri...
Jeremiah Belin
Newbie Investors Question?
Do you think the best way to start RE in a small market is to go Driving for Dollars and Call/Message owners and try and get the property on a Seller Financing contract???? I have a little money saved up and trying to...
David Moore
HUD wants key back after closing
I need to ask the group if they have encountered HUD stating they need the buyer to re-key a property after close. I just got word from my realtor they intend to collect the key. Do I have to do this? I'll own the ...
Nick Steinhaus
Home equity and commercial properties
Is it possible to use equity in our home to purchase a commercial property? Pros/cons and what’s the best lending option to use if home equity is possible?
Brock Maggard
Walk through on My first BRRRR investment
The video below is a walkthrough of my first investment property. Between the purchase price and the renovation cost, I have $32,000 in it and I am refinancing it into a $40,000 mortgage.Other than me being the wor...
Gwen Fyfe
Opening credit cards and getting first mortgage at same time?
I'm currently in the closing process on my first property, a three bedroom house with three efficiency apartment on the back of the lot. (I'm psyched!) The house is in great shape but is all shag carpet and old people...
Tina Lee
Finding good agents that work for you.
Investing in real estate is a very popular thing! It is great for residual income and quick cash flow. I am part of a women's realtor group with top 10% agents. Each week we discuss current issues that arise. Last w...