Ian Livaich
Calculating Expenses for Small Multifamily (Repairs/CapEx)
Hey everyone,I am searching for a small multifamily property (most likely a duplex) in South Jersey. I am going to look at three properties tomorrow with my agent. I am crunching the numbers and determining at what ...
Selina Giarla
ISO Lenders: 30 Yr Fixed or......10/1 Interest only ARM?
I have been striking out in underwriting with 30 yr fixed rates, the math just isn't working out for me to make any cash flow and the debt service monthly expense is wiping out any NOI and thus my yield. So... I am co...
Bryan Inman
Help with Rent/Sell Decision
Hello BP,BLUF: Trying to decide to sell or rent: Monthly pmt (PITI): $1356Possible Rental amt: $1700-1800Owe $175,000 @ 3.625%Value $234,500Would use a property manager. House was built in 2006. Everything in the hous...
McKenna Garcia
Newbie From Utah with a Plan
Hello Bigger Pockets! I'm McKenna Garcia from Layton, Utah. I'm a tech at a lab in Salt Lake, and I'm most of the way through school for microbiology. My husband is an electrical engineer weeks away from finishing his...
Tieneasha Bastian
Cash out refinance process
Okay so we purchased a property under LLC with a hard money lender and I'm just trying to get an idea and have a clear plan for when it's time to pay the hard money lender back we thought that we would owner occupy th...
Saumon E.
Buy and Hold in Temecula? 2-3 years.
Hey BP,As a SoCal resident, I'm considering my first RE investment to be somewhat local. With CA continuously realizing decent appreciation, I'm juggling the idea of invest here first before starting off out of state....
Peter Giokas
1st time investor - house hack
I am looking to purchase a 3 unit rental property using an FHA loan. The price of the house is $600,000. I plan on putting about 10% down. I will be only collecting rent from 2 units throughout the first year as I liv...
Matthew McManus
FHA and BRRRR ? Will this work?
Hi, I’ve been thinking about how to get the real money in my pocket. So here’s the game plan (mindset) without looking into it to much:1) Find a house using (ARV x .75 - Repairs = MAO). Hopefully a quad-plex.2) Use a ...
Marc Stevenson
Refinancing out of a hard money loan
Hey just wanted to know who ya'll are currently using when refinancing out of a hard money loan? I've noticed that some lenders are no longer refinancing on the after repaired value if the house has been owned less t...
Areeb Naseer
HELOC for down payment
Hello,
I am just starting to invest in real estate. Rather than investing out of pocket, I am planning on getting a HELOC on my primary residence that has significant equity in it. I plan on using this as down payme...