Zachary Hadjah
College kid looking to finance a duplex in the cheap area of Mass
I'm currently a college student looking to get into REI. My credit score is 729 and my financial partner's is a quite bit lower. Currently neither of us are in a position to get a personal loan for 50k since we got la...
David Marshall
Bungalow BRRRR in Auburn, Maine
Investment Info:
Single-family residence buy & hold investment in Auburn.
Purchase price: $80,250
Cash invested: $45,000
Completed a BRRRR and getting ready for the next one. Bought a single fami...
Alex T.
Temporarily damaged credit, need lender
I'm in the process of buying a triplex, where I'd be living in one of the units. Purchase price of $1.2 mil, I have W-2 + rental income sufficient for the loan, and I'm hoping to do 20% down, but may be able to do 25%...
Kiara Crespo
Refinancing affect credit
Does using the BRRRR method affect your credit score? I saw online that refinancing can damage your score. Is this true?
Rob Klotz
Cash Out Refi's are currently not feasible.
I have been looking to start my first BRRRR strategy. As we know, the BRRRR Method means “buy, rehab, rent, refinance, repeat,” and describes a strategy and framework used by investors who wish to build passive incom...
Chris Fitzpatrick
Portfolio Strategy for Next Stage of Cylce
Hi All - long time reader first time poster.I am curious as to how other small/medium size MF investors are thinking about operating their portfolios as we head into the upcoming rate cut environment (however far in ...
Darian Richardson
Refinancing While Self Employed / Assist Based Lending
Hey BP,
I am in the early stages of preparing/planning for my 3rd property to purchase in Q1 in 2022. I plan to cash out Re-Fi my duplex; currently, I owe 159k with an estimated appraisal amount of 290k. I plan to u...
Jason Flint
Buy an investment property without paying higher interest rate?
I wanted to post this because I don't think a very high percentage of investors are aware of an option they have to get a much lower interest rate when they buy or refinance investment properties. (We have been invest...
Felipe Rodriguez Egana
Any advice on how to procede first deal?
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $585,000
Cash invested: $125,000
Bought a 10k sqf lot in a nice neighborhood with a 600sqf cottage built. En route ...
Andrew Miller
Getting Commercial Loan for first MHP?
I am looking at my first Mobile Home Park. The opportunity at hand is 14 lots, only 1 MH deed. So more or less looking at buying the couple acres of land. As a new Mobile Home Park Investor looking for a commercial...