Dan Nguyen
Looking for Ringless Voicemail Broadcast Marketing opinions
Hello guys,I've been meaning to sign up for a couple years but never pulled the trigger until now so I can ask this question.I'm a real estate wholesaler/flipper and I'm looking to scale my business. One strategy I'm ...
Rami W.
HELOC called due before draw period ends
Shopping for a HELOC. A couple quick questions.Any reason, other than a due-on-sale or non-paying borrower, why a lender would call a HELOC due before the end of the draw period? Can they for any reason at any time?If...
Shane Caraway
Buy 4, Sell 3, Keep 1 OR Keep all 4
I have an opportunity to buy 4 properties from a retiring landlord.The deal looks like this.$2500 down274,000 purchase price10% interest PITI $ 2422.10Max income would be $2850 (rent)This obviously will not work when ...
Daniel Walker
Chattanooga Rental Market Updates?
BP, Wanted to quickly ask what others were seeing in the Chattanooga rental market. Given that it's the "off-season," are you seeing vacant units sit for longer than they would normally? How many days until you are ge...
Kellen Driscoll
4-Plex Refinance Question
Hey BP,I wanted to get a second opinion before I pull the trigger on a 4-plex refinance. I used a FHA low down payment loan to purchase this property, I rehabbed it, and now I am looking to refinance out of the PMI an...
Mohsin Mazhar
BRRRR Appraisal came back too High
Hi everyone.I purchased a home and did a BRRR on it and the appraisal came back higher than I expected. Which is a great thing and I hate to complain about it. But because the interest rates are so high if I pull out ...
Jason Shackleton
Would you take on negative cash flow on a BRRRR deal?
Let's say you just completed a renovation project and the appraisal came back higher than you expected for once. You now have an opportunity to pull out a ton of equity with a cash out refi. Would you do this even if ...
George White
Refinancing for better rate (how to go about this)
Hello BP,I am in talks with a lawyer to have my name put on the deed to my grandparents home. The house still has a mortgage balance with an rate of ~6.26%. I would like to have this rate dropped to current market rat...
Matt Camilliere
Credit Inquiries Dropping Credit Score
Hi BP Community,
Please help!
Prior to buying my first property, my credit score was excellent. After I got a mortgage it dropped 30 points. Last month it dropped another 10 points after a lender approved me for a ...
Rhett Tullis
$1.78 gas and the Oklahoma City Rental Market
Many are very excited by the historically low gas prices here in okc. I have not seen these prices in many many years. While it is great for our pocketbook right now it will most likely be very painful in the coming...