Jason Kenney
Calculating Cash-on-Cash for BRRRRs
Can anyone provide any guidance on calculating the cash-on-cash for a BRRRR? If the property generates no cash flow until after the refinance, is it correct to use the 'Cash-out-Refi Amount' as essentially the cash i...
Philip L Hawkins
Purchase and hold property out of state
Foreclosures are rising rapidly in the western States with the foreclosure forbearance expiration July 31st. Some home owners have skipped payments during forbearance and now can't afford to get current or refi. The...
David Battle
Mortgage Higher Than Home Value - Low Equity
If a person owes more than the house is worth is there anything you can do to help them?
Isaac Jordan
Owner's Financing & Loan Servicing Companies
Good evening All,I have a property that I am looking to sell by offering owner's financing. The remaining mortgage balance will be paid at closing by the buyer and the remainder that we've agreed will be offered as ow...
Rich Hupper
Will the town agree to a short sale?
Hi. I have come across a property I want to buy where fair market value is only 50k. Due to the fact the owner has not paid taxes on the property in over 20 years I suspect the tax lien value is much greater than 50k....
Kate Watson
Did I screw up? Los Angeles RSO-Owner Occupancy
Long time lurker. Finally signed up to get some answers.My SO and I own a duplex in Los Angeles. We’re trying to get long term tenants to leave. It’s hard to do with the commie rules about rent stabilized properties. ...
Madeline Currie
Best markets in Ontario for cashflow?
Hey everyone,
I'm looking to buy my first rental property, and my main goal for this one is cashflow. I've been reading up on different markets in Ontario, but I'd be interested to hear about your own experiences in...
Sam Kay
Need Multifamily Owner Occ Homeowner's Ins
Hello BP team!Having a tough time finding a company to cover a multifamily property that I intend to owner occ in Jersey City. And when I do, the premiums are insane. Anyone have any homeowner insurance contacts local...
Jan H.
Lease extension with old and added (new) tenants
Hello BP community, This is going to be a long-winded post, so please bare with me...:)A 24-month lease is coming up for renewal for one of our properties and before I agree to renew with the tenant(s) I wanted to che...
Katrina P.
Purchaser defaulted on LC pymts; can I collect rent from tenants?
Hi BP Family,So, I'm in a bit of a sticky situation. I sold a property on Land Contract (in Michigan), and the purchaser defaulted on payments one month after signing the LC. It's been a long time (so long it's too...