Shannon Lloyd
LA area house hack on multifamily under 400K: pipe dream?
How likely is it to find a duplex under 400K in the LA area that you could get an FHA/203K loan on that would generate enough ROI to get me started as an investor? I'm guessing serious rehab may be involved, yet I'm n...
Amir K.
cash-out on first rental
Hi all,a few days ago i sign my first lease on my first rentalA little background,1 bedroom unit in a top Chicago neighborhood. beat down unit purchased for 140K cash, I did a gut rehab almost all by myself and was ab...
Max Briggs
Trans union smartmove
I have three single family rentals for three years and I now have my first horror story. To this point I have been using trans union’s smartmove software to do credit, background, and eviction checks on my tenants. On...
Account Closed
Commercial Loan Underwriting Problem
How does commercial underwrites calculate DSCR with no direct way to verify NOI? I want to purchase an off-market, single tenant, and vacant bank building but there is no rent roll. It was originally built by the ban...
Jose Morales
What type of cash-out refinance loans are available for fully paid homes?
I bought a 110k property in cash last March. It currently rents out to tenants.What’s the earliest I take out the equity and invest again?
Josh Quant
Multi-family deal questions
Hello BP,I have a few questions about a couple properties I am looking to purchase and any help would be appreciated, as this is my first "commercial" multi-family I am looking to invest in.Here is the situation: I h...
Joe Duda
Wholesaling- please explain
I see alot of stuff on here about wholesaling, and as I am very new to his business and forum. i was wondering if anyone could explain it to me in laymans terms, LOL thanks
Erica Baruti
Non Performing 2nds & Bankruptcy
Hi Guys! I have a question that may be logical, but since it's dealing with notes, I don't want to make assumptions. If a home has high equity, and let's say I purchased the 2nd, while someone else owns the 1st. If th...
Kris Spencer
New member from Murrieta, CA
Hello BP world,My name is Kris Spencer and I have recently gained a stalker like obsession with real estate investing. I'v been chugging the BP podcast and planning out my REI future. I currently work full time, have ...
David Duong
Deal analysis: SFH - Please Help
Hi everyone,
I would truly appreciate it if someone could analyze my numbers to see if this property is a winner. I’m considering making my first offer; this is my first Single Family property analysis. My RE str...