Dennis J Marsack
Prepaid online legal advice worth it??
Hi Guys and Girls,I am thinking of paying a monthly fee for online legal advice from Rocket Lawyer or the like. They claim to provide custom legal forms and advice for like $40 a month and you get a discount on actua...
Chris Gavre
How did you fill your mobile home park?
Hi guys. I’ve recently closed on my first mobile home park in South Carolina. I’ve had it about 2 weeks and am looking to strictly rent out the lots. However, as expected, the demand for this is much less as people ha...
Alec Sithong
Advice on buying rentals, flips or loaning out cash?
Hello BP'ers,I need some advice on which direction to go: with a starting capital of $125K, which is the most affective way to get cash return in a year or two? My goal (like everyone else) is to aspire to live off of...
Wesley Myers
STR loan options in these times?
We have a contract on our 2nd STR. Current approval from one bank is 30/yr at 6% with 20% down. Is this the norm these days with excellent credit? What about borrowing against a 401k or borrowing against our current S...
Matt Jesse
Can I loose my Initial deposit if my loan doesn't close?
Let's say I remove all my contingencies. My lender tells me we are ready to rock & roll.
Then something unexpected happens. I loose my job, my credit score dips, or my lender denies my loan for some other rea...
Cameron Montgomery
Buy-and-Hold / BRRRR Investing in the Midwest
Hey Everyone!
I’m looking to buy my first investment property within the next 6 months and am trying to narrow down the scope of my search to 5-10 markets. I live in San Francisco and am looking to use a BRRRR strate...
Josh Dillingham
Providing comps to appraiser, good or bad idea?
What is your opinion on providing a list of comps to the appraiser when you meet them at the property? I want to do everything I can to help the appraiser and get a fair valuation,but I also don't want to offend them ...
Jonathan Baptiste
How to distribute utility bill in a single family home? (House hacking)
I am currently house hacking and have a few tenants/roommates living with me. I currently pay the water and internet bill out of pocket and only request rent and the electric bill be paid for by the tenants. My house ...
Carlos Webel
Refinancing out of hard money with a conventional mortgage loan
Hi all,I'm working on my acquisition and financing model for my new Houston area based rental properties portfolio. The plan is to purchase the properties with private or hard money, rehab and refinance out of the ini...
Robert M.
Certainty of DSCR lending?
I have the opportunity to purchase two short-term rental properties that will perform very well. I’ve been looking for this exact property prototype for almost a year, so I hate to pass them by. That said, I am also...