Alice Huang
Coronavirus scare - what to do with BRRRR plans
Hey all,
Here's the situation. My business partner and I submitted an offer on Wednesday last week for a SFH in San Antonio. The sellers countered and we accepted on Thursday. It is our first deal as partners.
...
Deren Huang
Hard Money Lenders/Seller Financiers
With Interest Rates at a super low rate now, they only have room to go up.For all the Hard Money Lenders, do your rates slide with what Fannie/Freddy are doing?For those that do Seller Financing as an exit strategy, d...
Nate Hananger
Wetland, septic, and soil survey before selling land?
I own a third-acre lot in Olympia, WA near Black Lake. It is also near wetland and a wildlife refuge. According to the county, whoever wants to build on it would need to schedule a “Reasonable Use Exception” (RUE) hea...
Wendell De Guzman
Real Vacancy Factor
After owning a bunch of rental properties, I realized that for Single Family Homes, your real vacancy factor is not necessarily 10%. Why? If you have a mortgage on the house, logically then, if it becomes vacant, y...
Blake Hansen
Difficult decisions at the intersection of REI and Covid-19
After YEARS of analysis paralysis regarding rent and hold (with BRRRR in mind) my wife and I finally have plans to close this week or early next. 3/2 SFR. Every penny towards our down payment and all estimated rehab c...
Don Bradley
Deal Analysis
HI All,I just had an offer accepted on my first property. I plan on living there and renting out the other extra 2 bedrooms. However, my analysis is based on if I didn't live there. Main objective is to cash flow as i...
Dave Meyer
How will Coronavirus change your investing plans?
Hey everyone -- we're trying to get a sense of what the BP community plans to do in the coming months, given the impact of coronavirus and the related economic ramifications. Could you please take 2 minutes to fill ou...
Landon Hoon
5% Down 2-4 unit Financing
Yesterday we received amazing news around 2-4 unit financing for house hackers!
This change will take place on November 18th and allow for clients buying a 2-4 unit owner occupied property to only put 5% down.
Mai...
Cade Anderson
Flipping versus Long-Term Renting in Dallas, Texas
Hi y'all,
My first post on this forum and I'm looking forward to diving into this community! I am in my early twenties, just moved to Dallas from Houston, and I am saving for my first property.
I am not sure about w...
Tyler Hockett
How to analyze a city for investing
What’s the best way to know if a particular market is ripe for investing? For example I see a couple of houses in my hometown Dyersburg, Tn that are up for sale which to me signals some kind of motivation to sell. How...