Allen Tracy
Rehab Estimate Cheat Sheet
Does anyone have a worksheet with general costs for itemized rehab/replacement items? I'm trying to put something together so I can do a really rough estimate of costs to fix a property after the inspection but befor...
Mehmet Eksik
More equity or less money down on my first purchase ?
I am buying my first property for rental income . It is 4-plex . I have couple finance options. The first one Is putting %10.5 down 4.62 interest rate no seller concession . So I am paying 37K out of my pocket with ...
Robert Downs
Refinancing in Spain (BRRRR?)
Hello BP community!This is my first post (and first day as an active BP member). First off, I live in Barcelona—actually, Sant Adrià—and I am just starting my education process to begin investing in rental properties,...
Jimmy Humphrey
Larger Down Payment for "Cash Flow"
HiI am new in real estate investing and was looking to one day buy a SFD in my area. However, the "2% rule" seems totally shot in my local market. Looking at several online tools and doing some comps on Craigslist, i...
Josh Rich
Putting Money to Work
Hey BP experts, here's a question for the those of you involved in notes (NPN and Performing), apartments, SFR, and multi-family investments.
How would you invest $200-$250k in today's TX, TN, NC, and/or CA r...
Brian Cowan
Are there loans that do not show up on credit report
I am trying to purchase a property but do not have enough for the down payment yet as I just purchased another property recently. It is a smoking deal with tons of cash flow potential so I am about to lock it up in a ...
Brian Ortiz
CPA will not draft "comfort letter" for self employment
Hi Guys,I am 72 hours away from closing on a home, and my mortgage company is demanding a "comfort letter" attesting to my self-employment. The CPA who filed my taxes won't touch this and they just rejected another CP...
Dion DePaoli
The Pain $ of Not Knowing - Contract For Deeds
I thought it would interesting to share some recent experience we have had with some of these instruments. To that extent, an illustration of the pain that can come with working with an instrument that is not the...
Geoffrey Murphy
Acquiring 50 units or more; what makes this difficult?
BP,
I don't believe this difficult, I believe this is very much doable. However, what makes achieving this goal so difficult for most investors? Seeing that "financial freedom" is the HUGE topic now a days. Why is it...
Steve Englehart
Cashing out IRA to buy rental properties.
I currently have two long term rentals and am looking into buying into the short term rental arena. I know there are penalties and tax implications but wanted some advice on cashing out Roth IRA or IRA to buy investm...