Jimmy NA
Pre-existing Tenants
I have been looking at a couple buildings lately that I am interested in purchasing. The buildings pass my expense/income standards (and the price is right) but I am worried about the quility of the tenants. I have n...
Keegan Tosser
Existing Tenant Lease
I am purchasing a SFR with an existing tenant that has been in the house for 3+ years. They are currently on a month-to-month lease paying a bit under market rent. I am okay with keeping the month-to-month and don't...
Darryl Joyner
Leveraging Existing Value
I'm brand new to this site so I hope this is the right place to post a question. I own a rental property outright that is currently generating rental income. I feel that considering the fact that I don't owe anythin...
Thomas P.
Does this exist
Does a loan product for my scenario exist? I believe this is wishful thinking but I will let the bigger pockets community answer this. I own a property free and clear. I will be doing improvements in 1-3 years. A...
Erin Dillon
Refinancing existing properties
Hi everyone - we had a webinar on refinancing rental properties a couple of weeks ago, and I missed it (oops!). Do we have a replay, and can someone tell me how to get to it?Any and all help welcome - hope you all ha...
Matt Greer
Assuming existing mortgages
I am a wholesaler in Fayetteville, NC which is a town made mostly of veterans both active duty and retired. The majority of the homes purchased here are done so with VA loans, but the downside is after 3 years at a st...
Rachel Ash
Selling existing home
Hello! I am looking for a bit of advice. I currently live in a nice home in a nice area and have about 150K of equity in my home. My plan is to buy 6 rental properties in the next few years. I have enough liquid money...
Matt Hudson
Existing Tenant Question
Hello BP'ers!I'm writing an offer on a SFH that has an existing month to month tenant. Because the rent is well below market and I'll need to reno interior I plan on making the offer contingent on vacancy. The seller ...
Chase Romine
Passive income exists
Just listened to Gary V talk about how passive income doesn’t exist, also about how with real estate all that we hope is that our market doesn’t crash. Although I respect him to a certain level, I want to see how ever...
Alan Hicks
Analyze Existing Deal
I already own a 3/1 rental property. Bought it 1 year ago.Tenants pay on time @ $1150/month. Just signed their 2nd year lease.Value - $135kBalance - $100kRate - 5.75%PITI = $900Should I start paying an extra $4000/m t...