Leaven Phillips
First Multi-family Investment
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Raytown.
Purchase price: $125,000
Cash invested: $6,000
Multi-family (Duplex)
Jeff S.
Equity locked in manufactured homes
Looking to take equity out of a few manufactured homes I own in Florida, any suggestions on a good way to do so? All the traditional banks and lenders I use won't touch mfg homes.
Tareq Salaita
What is the best way to grow after paying cash for MF in Atlanta
I bought a MF unit in Atlanta 2 years ago and now I have found the value has gone up by about 30 percent. The property is paid for by cash (clear title under LLC name) and has been generating healthy cash flows. I nee...
Edward Schenkel
Finding Seller Financed Properties (purchase money mortgages)
I have seen some investors do very well with seller financed transactions. In other words, instead of using a traditional bank, the seller provides a note, or "takes a note back." These deals are often attractive beca...
Ronald Erwin
rehab cost questions / loans
Hello! bigger pocket pros. I made the decision today that I would like to become a real estate investor!! ( got the go ahead from the wife ahah) I currently have 2 properties one is a rental and one I'm living in. I ...
Crystal Espinal
What kind of loan should I look into for an investment
Hello BP fam! Hope your Mondays are going swell! So I’m understanding that in order for me to look for properties to either flip or invest, I have to be pre approved by bank? (Correct me if I’m wrong) but if this is c...
Jake Thornton
How to get cash out my primary residence
So I've been looking to take some next steps in real estate investing. I bought two STRs last year which are cash flowing nicely, but now I'm looking to some more long term deals using the BRRRR strategy. I have about...
Eric Kissinger
Owner financing vs. bank financing
Hello all. I am interested about the pro's and cons of owner financing, rather than 20% investment traditional bank financing. I understand that owner financing can be more flexible as long as the seller is willing to...
Andrew Savage
BRRRR: refinance HML to conventional
Hey everybody. I've dug through the forums and seen only a few light discussions on this issue, which confuses me a bit.
I've read a lot about BRRRR, and everybody talks about buying/rehabbing with hard money and ref...
Erick Vallejo
Family vs The 2 Year Rule?
Hey BP members! So I've heard a lot about this 2 year rule that some lenders require in order for your rental income to count towards your DTI. My question is, do siblings count towards this "clock"? My younger siblin...