Purchased a condo at short sale. Existing tenant is long term tenant. Seller was a disaster, so do not have a ton of background info. Their original lease expired and they were month to month with no security depos...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2633760/small_1696366575-avatar-jordanf240.jpg?twic=v1/output=image&v=2)
I'm going out on a limb here. I created a detailed BRRR excel spreadsheet to analyze deals. I know that there are many others out there already such as the BP calc, but i decided to create my own to make sure that i t...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/325462/small_1632193688-avatar-jbuie.jpg?twic=v1/output=image&v=2)
So, let's say I own a property worth $300,000 in one city that cash flows decently, but in another city, two hours away (where I moved from), properties are much less expensive per quality and cash flow like crazy. Is...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/22433/small_1621361874-avatar-kingjoffyjoe.jpg?twic=v1/output=image&v=2)
Hi all! I am thinking of borrowing against my investment account to purchase a rental outright. I would be able to get a better deal with an offer being submitted as an all cash offer. I plan to fix it up and then ...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/133372/small_1621418514-avatar-investfourmore.jpg?twic=v1/output=image&v=2)
I finally got around to watching 99 homes. A movie about a crooked REO agent and evictions in florida. The movie was entertaining but had some serious issues. 1. Foreclosures in Florida (where the movie takes place) t...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1143943/small_1694776540-avatar-ryanh380.jpg?twic=v1/output=image&v=2)
Hey, my partner and I currently have our 1st property under contract in Indianapolis that will be purchased with cash in hopes that we can rate and term refinance under an LLC. Does anybody know of any lenders in Indi...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1485700/small_1624403105-avatar-mikes767.jpg?twic=v1/output=image&v=2)
Hi Everyone,
The mortgage guy I've worked with on two primary residence purchases is saying Fannie requires 25% down for an investment property. And the lender wants to see 3-6 months reserves which is understandable...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/858791/small_1694717095-avatar-ryanc281.jpg?twic=v1/output=image&v=2)
I cant seem to figure out how to pull all of your money out of a cash purchase aka The BRRRR Method when the banks will only use the purchase price? They want 6-12 months of seasoning before they will you an appraisa...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/34249/small_1621366972-avatar-ziv2liv.jpg?twic=v1/output=image&v=2)
I need an educated answer (As oppose to an urban legend)...
We all know that after the debacle, Fannie and Freddie went from 10 maximum allowed mortgages down to 4. Then Fannie went back to 10 mortgages allowed. Now I...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1857780/small_1647446623-avatar-seanb337.jpg?twic=v1/output=image&v=2)
Is it credit score? Do mortgage rates for FHA/ VA not change with credit score, while the standard 30 year does? Just trying to understand how the 3 relate to one another