Tony Mai
Multi family in Southern California
I was hoping the BP community can give me advice on this deal!
Here are the terms
Selling price 1,000,000 on 4 plex
4 units all 2bed1bath
Rent is 1500/unit for 3 units
one unit is at 1400(so a little room to ra...
Cathy Bui
How to get renovations finances for Rental Property
Hi all,I have a triplex rental property which I do not live in. I wish to do renovations on it. The lenders I've spoken to do not offer HELOC or home equity loans for triplex rental properties. I've only found cash ou...
Steve Buchanan
Conventional to Hard Money Lenders - What's in between?
On one end of the spectrum you have conventional lenders looking to lend to qualified buyers at low single digit rates for long term loans. These loans generally do not come with construction financing (I say generall...
Michaela G.
Housing bubble 2.0?
I've been following Mark Hanson (Used to write as 'Mr. Mortgage') for a while and he's been pretty good at predicting the future in regards to real estate.
I do believe there's a bubble, especially here in No...
Chris Morgan
Investing in Northern Kentucky
I'm familiar with a lot of the cities on the Ohio side in Cincinnati and upon a tip I started looking in Bellevue, Covington, and Newport in Kentucky. Covington seems to be a great place to buy and hold with little to...
Randy Smith
Leverage Real Estate to Diversify Your Investment Portfolio
As of this writing, the S&P 500 was down a little over 17% year to date, and in the same period, my passive investments have been kicking off 5-7% monthly distributions, one of my passive investments went full cyc...
Matthew Thomas
Financing first deal
I have the ability to put roughly 15k down on my first deal. That being said I wouldnt have much left in the way of funds for a rehab, ive been back and forth on either going through a private lender or getting a trad...
Neil Masincupp
Pay off Rentals or Invest in Equities
Looking for some insight and any angles I may be missing. I have 5 properties with financing. I owe ~475K between them and the interest rates vary from 4.35 to 4.75%
I am trying to work out if I would be bettrer of...
Taylor Hudgins
Best Local Banks/Hard Money Lenders VA Beach & Norfolk
We're new to the world of real estate investing and are currently working on finding pre-approvals from local banks or hard money lenders in the Virginia Beach/Norfolk area. We have about 16k saved that we'd like to ...
Zach Shahan
Does BRRRR work with 20% down?
Hello,I plan to speak with a bank on how the refinancing process works (that should help clear this up, too), but I was curious if BRRRR works with only putting 20% down?It sounds like you are heavily relying on getti...