Pablo Ramirez
BRRRR'ing with a Hard Money Lender - Only Lend to Entities
Hi all,In my recent HML shopping, only one is willing to lend to an Individual while the others require an Entity. As this is my first BRRRR, I'd like to cash-out refi with a conventional Fannie/Freddie lender after s...
Edward Kuk
Recession Financing - when decline in value eliminates equity
Hi everyone,I'm trying to understand any risks to a mortgage during a recession and happened historically. This will help me understand how much debt I want to take on as I continue to look for opportunities. Two main...
Jason Burton
4-plex deal analysis
Ok so I think I finally found an ok deal to get my feet wet. Here are the numbers:
Purchase price: $71,000.
Monthly gross rents using conservative rental rates for the area (potential, currently vacant): $1600.
Rehab...
Josh Edelman
Current Situation and Strategy Recommendations - Active Military Investor
I've posted this before and have some ideas on ways forward. I will bullet point my situation below and wanted to hear what some recommendations are. Thanks!- Active military with a goal of buying my next property. - ...
Derek Persuit
Having Trouble Getting More Financing
Hey everyone!I am currently in the "Refinance" phase of a BRRRR. This is my first one and Im really just feeling out how everything goes. I currently have 3 rental Properties. 2 are leveraged with mortgages and the on...
Victor So
Go through a lender? Or, go directly to the bank?
Hello BP community!
For a conventional mortgage, is it better to go directly to the bank in order to avoid the lender fees or will the banks charge all sorts of fees as well?
Any advice would be appreciated!
Victor
Ben Cohen
BRRRR via HELOC or Cash?
Hi everyone,
My parents are interested in starting to BRRRR for investment properties, as my dad is a contractor who can oversee the rehab. This will be their first investment property purchase. My question is whethe...
Taneka Nesbitt
Pre Forclosures
Can someone help me understand a little bit more about Pre Forclosures and how to get those under assignment and is those homes worth it!
Carol Bloom
Do you need a pre-approval letter for multifamily 5+
Hello BP Community!I am receiving conflicting opinions if I need a pre-approval letter from a Freddie Mac lender for a multi-family 5+ units. I will be financing the property using the Freddie Mac Small Balance Loan p...
Nicole Petrey
Small Regional Conventional Financing Austin, Tx Recommendations
Hello fellow BP Members,Newbie investor here, gearing up to purchase my first property in Austin, Tx (Round Rock, Pflugerville, Cedar Park area) within the next 4 months. I was interested in any recommendations on sma...