Nicholas Crawford
Need help figuring out refinance situation! Please!
The situationHouse is rented for $2,200/month. Property is currently in a bridge loan ($2,200/mo). Rehab took much longer than intended for various reasons numbers quit working as interest rates went up. I'm self empl...
Aj Green
Lowest Rate Ohio Mortgage Currently (Investment)
Hey,I shopped some Ohio CU and found the 6.7% was the best for an investment property. Are there any lenders who are lower than this, I've been brokering myself. Closest rate I've gotten to this was a 7.2%.Thanks for ...
Daniel Cohen
4 Cap & Cash Flow
How can a 4 cap ever generate positive cash flow? Or positive cash on cash? I know buildings in NYC often trade for 4-5 caps. Assuming 25% down and 75% financed. Do these investors eat a negative cash flow and simply ...
Dennis Jones
Best strategy for financing / refinancing
Hello BP members,I am a newbie and need your advice on financing / refinancing strategies.Me and my partner have $300K cash to invest. We will invest for cash flow, buying properties that need rehab, rehab them(my par...
Luca Mastrangelo
Multiple offers at once?
Is it possible to put in multiple offers on different properties at the same time?
Francis Figueroa
House Hacking in Rhode Island
Hello everyone, I am looking to house hack soon. I am struggling to put together a comprehensive criteria list. Are there any good links or tips that I could utilize to put together a strong criteria list? I am under ...
Andrew Sargent
Single family dwelling
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $340,000
Cash invested: $80,000
3.3 Acres, two joined 1.15 acre lots (one presently empty, the other fenced in), Ru...
Holly Barrett
Beware of Landlord Utility Accounts!!
So I have to share this situation with others, I don't want it to happen to you!In March of 2020 I sold a rental.Prior to that I had tenants there. I had also set up landlord accounts w/water and electric. These were ...
James W.
Bank Owned & Occupied.
hello - i've bought 3 REO's so far but have shied away from occupieds.some questions about occupied REO's - i assume the title will be delivered free and clear because the bank owns it now?can i ask the occupants to p...
Robert Anthony
Anyone else get coerced into the FB coaching & manage to get their money back?
Hi,I don't want to start any discussion about the legitimacy of this training/coaching school and business. I am ashamed that I attended the FB seminars during the pandemic, as I was unemployed and desperate to find a...