I'm doing a cash out refi and the bank is asking me, "what am I doing with the funds', what is the right/wrong answer to this question?Obviously, they have never heard of BRRRR method. thanks in advance for any insight.

Howdy BP! I'm hoping to get some feedback before I make a mess out of an already sticky situation.Here's the deal: On a duplex I recently purchased, the upper unit was vacated before I took possession. Cool, because t...

My wife and I are very calculated people. Our families always encouraged us to save the way they were taught (savings, 401k/pension, IRA). Looking ahead, I can see that we are both going to need some alternate forms i...

Roommate/tenant situation.

Tenant has job and fairly good income ($50K+). Room for rent: $400something. Could easily pay that.

Tenant has a small claims - dismissed case from 5+ years ago.

Tenant has a small claim...

Hello all,

It's been busy last 5-6 weeks getting rehab done on couple of my multi-units and getting them rented out. It's been a great learning experience. I just thought I share with the group some of the things I l...

Hello all,As a wholesaler, what are your options when you have a dilapidated property under contract needing a full gut rehab that might exceed the ARV? Rehab is about $100K. I have a small brick multi family building...

We sold our house with a 30 day rent back and $1500 security deposit. Now the buyer's are making false claims and seeking to keep our security deposit. We took them to small claims court with 3 subpoenaed witnesses (f...

I am new to the REI industry but I have educated myself with as much as I can possibly to at least get me to my first deal.    Me and my partner have a few properties that we are in the negotiation phase with. We don’...

Hey all;I wanted to float the question of deposits, and “What are they good for?” I’m thinking about renting my luxury condo out for $3500. I am going to require a renters insurance policy that I am a listed interest ...