Sarah Poole
Cut losses and walk away?
Bought a condo at a ski resort in CO in May 2022 for $510k. Put down 15%, borrowed the rest at 4%. Originally planned to move in, or at least use substantially, but life had other plans so have been listing on Airbnb....
Brad Tracy
Will adding Mother-in-law suite retain value
I am in a position where adding a mother-in-law suite to my primary residence in the Pickerington area seems very likely. I have attempted to find comps in the area and have not found any, I am wondering if that's bec...
Tina Liao
How To Lower The DTI Ratio...?
Hi guys, a family member of mine is trying to refinance his property with a commercial lender. I am just wondering what would happen to his DTI ratio if the lender refinances his property and does not report the new l...
Jesi Naomi
Help with building credit
High BP, I’m very new yet have had years of credit cards, building credit and working on consolidation. My question is if a credit card company closes out your card/ account from not using it overtime does this affect...
Steve Krause
How to refi out of a BRRRR thats Seller Finance
Hey Everyone! I have a few seller finance deals that I am currently rehabing and was wondering if anyone had any creative ideas of pulling the renovation money out while still keeping the seller financing loan since ...
Moses K.
Potential debt crisis and real estate?
Just wanted to see what some of your thoughts are on the debt crisis and how it will affect real estate in this next cycle. There are a couple of things I'm seeing now: 1) crisis in Europe and to a lesser extent Asia ...
Laura Cardenas
Making myself a resource to my tenants during COVID-19 crisis...
Hey BP!
I would like to put together a formal and professional email to send to my tenants as a point of guidance and support to them and also give show them resources they have regarding COVID19. I want to communica...
Raphael Turner
Must delinquent property taxes be paid before Refinancing?
I'm looking to cashout refinance a home in Richmond California. However, I have a question which will affect my ability to get started with the process. While the property wasn't rented out and I was completing the r...
Florent Breton
Refinance cash out: impacts on CoC and IRR
Hey BBPersI am 9 months into the renovation of a multifamily building. I have invested significantly on capital improvement and hope to recoup some of that investment when I refinance later next year. I have then few ...
Brad B.
Interest Rate Question
So this isn't really a REI related question, but more of a general investment question. I'm open to anyone's thoughts, ideas, or advice.
I am in the process of doing a loan for approximately $65k. It will be paid b...