Steven Embree II
Pay Off, Refinance, or Sell
I'm just starting out in devoted real estate investing. I've owned my current rental property (condo) since 2006 and now I'm in the position to be able to pay it off in February or March. I've never refinanced, so I c...
Jeannie H Armstrong
Closing, issues. Should I walk?
Went to closing as scheduled 10/30 9am. Stunned by mortgage payment 533.00 on a 40,000 loan 5 yr balloon payment over 10 yrs. Did not receive hud1 before closing table.
Termite bond incomplete because company require...
Tim Gathers
Should I buy apartment building with original boiler?
I'm looking at purchasing a 12-unit apartment building that has its original boiler, which is about 60 years old. Of course, I would have the boiler professionally inspected before purchasing the building, but I'm wo...
Chris Davis
Success using the BRRR model now trying to take the next step
I currently acquired 10 properties in 2017 by establishing title under my LLC using the BRRR business model with success. However, I have reached my lending max. with my local banker who was lending me 80 LTV on mult ...
Tae C.
Transferring from LLC to personal
Hello all,It took looking into my first real potential brrrr property in detail (under contract now, deciding between flipping or brrrr) to finally realize this dilemma, and would love your input. Basically, I am purc...
Tim Emerson
When owner carries the note
Hi everybody, I know someone who wants to sell us her single family beautiful Victorian rental here in Denver Colorado and is willing to carry the "note" what are the "dos and donts?? what would be "good terms? intere...
Autumn Allen
Other Creative Solutions to Stop a Pre-Foreclosure
Hey BP family! Burning question for experts, especially in Washington state (Auburn, Kent, Renton, Seattle, Bellevue, Kirkland, Tacoma) investors. I wanted to poll the experts on this one. I help a lot of folks out of...
Michelle R.
Commercial mortgage - length of term
We have two different deals going. The first, is a commercial mortgage where we will owner occupy. The options for terms the bank has offered are:
7-year with a 25-year amortization
10-year with a 25-year amortiz...
Micah Paroline
Are Vacation Rentals More Profitable?
You have an investment property you're looking to rent out. Looking to maximize this investment, you're now trying to decide if you want to rent it as a vacation destination, with stays averaging only a few days, or i...
Ebi Amiri
How to take advantage of possible recession?
A lot of people are just worried about a recession coming. But nobody is talking about how to take advantage of it in the real estate world? What do you think?