Hey BP Chicago Fam, my husband and I are currently looking for a home to house hack that will be cash flow positive at least by year 2 of us living there (we expect to relocate back to Florida in year 2 or 3). We foun...
So I just switched to pro and have watched the calculator instruction videos but when I run the rental calculator threw the wholesaler one some times it gives me a buying price that equals a negative cash flow. How do...
Hi all. I have been doing some research into MF properties and have had some extremely informative conversations with some lenders and agents (Thank you Rick, Jonathan, and Jake). I’m interested in learning more about...
I MUST move. Emergency situation. Needs 2 b in a year. 18 months tops. I have a primary and a rental. Pretty much broke. My plan is to pull $ out the rental and refinance it into a conventional. And refinance my prim...
Hey All,I am still shocked that so many investors are still looking at SFH, condos, and townhomes to invest in right now. Specifically single families tend to cash flow negative right now once you factor in reserves ...
Hi Everyone,I'm currently in dilemma whether to do a cash-out refinance or a term loan refinance to close on a construction loan . Here are the details:
My current construction loan balance is $587KThe property va...
I am ready to buy my first real estate deal. I have chosen my stragety of buying Duplexes, Tri's, and Quads. I have heart for multifamily RE.What are BP members thoughts on wether to buy 3 turn key over the next 6 mon...
Hello BP community. My wife and I, are in search for our first multifamily investment property. We will be using the house hacking strategy. We have ran the numbers on many, and have came across a few that might work....
For conventional mortgage financing for us that are self employed and also use a Schedule C, do lenders consider your AGI as well or are they more/only concerned with the numbers on your Schedule C?Thanks!
Anyone using Novation agreements to secure deals? If so, what are the positive and negative side of using a Novation agreement. I’ve heard of investors doing major renovations under a Novation agreement. I think that’...