Wade Stahle
Pull out all equity or leave some in
I have a scenario im deciding on right now. I am building a duplex out of pocket and I can either pull out all the equity whens its done ($190,000) on a conventional or pull out 96.5% of appraised value ($246,075) and...
Zackery Smith
Buying a house without a roof permit
I'm trying to buy a house 1965 3 bedroom 1 bath on a canal all for 70k. I went and got all the inspections the bank wanted. Now they are saying there was never a permit pulled for a roof the owner put on.the county wi...
Joshua Martin
How much of the lead gen process do you outsource?
Hey BP & All, My partner and I are trying to make a few decisions moving forward, and I wanted to ask a few questions in what will be a sort of general way and invite people's opinions on outsourced systems and...
Brandon Heath
Owner Occupied, FHA route, Who gets the boot in a multi that has no Vacancies?
Hello BP,This might be an easy question but i cant seem to pull in thing up specific when using the search field. Its one of those question that are kind of hard to word correctly for the search. Please feel free to l...
April L.
What happens when you blow your wad?
I only have 40k to get started on my first brrrr. So, if I put down 20% on a 230k property, that's it. I've blown my wad in a down payment. How do I move on to the next property with no more capital to invest?
Mary Mobley
getting the deal done
Over the last couple of years I have run across what I considered to be great deals I would like to act on. Then I freeze. I can't seem to get over the hurdle of getting the money to make the deal. I've read the bo...
David Hite
Pro Forma income vs Actual Income - Property Price
Good morning!Wanted to get your input on this.Been screening multi-family and commercial real estate opportunities. One thing I have noticed is the asking price with it's cap rate, is almost always priced out by the ...
Jonathan Beasley
In the midst of submetering apartment - need help on lease change
Hey BP Studs and Studettes. I'm pulling the trigger to submeter water and sanitation at an apartment. It is a 6 units, with 3 of the leases up in the next 30days. I have a 4th renter that is very behind in rent, and s...
Marques J.
New Change to Fannie LLC seasoning.
Wonderful news for those looking to cashout refinance a property seasoned in majority owned LLC.I have owned a property in a single member LLC for over 1.5 years. When I went to refinance I was told the seasoning whil...
Logan Zanki
Top apartment gets really hot
Last year the tenants in the top floor of my Multi family home had a lot of trouble with the heat. It was like they were living in a sauna. There's no central air, they just have window AC's.
Can someone plea...