John Kaspar
Refinance on equity with foreclosure?
Here's my current issue:only make about 60k (assuming that would only qualify me for about 270k)almost out of debt(maybe 5k)essentially no money in the bank (spending it all on debt)land around me is ridiculously expe...
Jason Malabute
RULES WHEN INVESTING IN INDIANAPOLIS
I heard that you should be following the rules below when investing in Indianapolis:High Income is good for Fix and Flip but not Cash Flow.Rule 1: Household Median Income should be between 40-70K. As you go higher, yo...
Hyun Don Yun
HELOC VS CASH FOR DOWNPAY
Hi BP,
Do you use HELOC from your house to downpay an investment property? Or, what is the best way to use HELOC in real estate investment?I’ve never used HELOC before but it sounds like a good option... any advice...
Kyle Wainwright
Financing for demolition and rebuild
How does the financing work for a house purchased with the plan to tear down and build a newer multifamily building on the lot? Does the original mortgage have to be paid in full since the collateral will essentially...
Jimmy Mooney
Foreclosure and Tax Lien sales - NY State
This may not be NYS specific, but I'm looking to invest here so I've been going to the auctions at the Brooklyn courthouse.My question is: When you buy a property at the courthouse auction, the paperwork talks about a...
Adam Wallace
Told I have own property for 6 months before refi
I'm new to REI, but have done many other endeavors. I bought 2 houses and rehabbed them for cash. My plan, of course, was to refi and take out what cash I could and continue to leverage it. I started talking to lende...
Brent C.
Where to invest from 2014 to 2026
I am living overseas and hope to setup an investment strategy that allows me to be away from it as much as possible while giving me reasonable returns of 18% to 20%. I realize you can't have one without the other b...
Shane Elias-Calles
DTI Calculations for New Loan
Hey BP,
I'm running into some DTI Road blocks and am looking for some help. I was under the impression that if you buy a new rental and the debt service coverage is substantial enough, then the DTI is essentially a n...
Trenton Miller
How to Financially Analyze Unimproved Land for Tract Home Development
I’m diving into the world of tract home development and looking to learn more about the financial analysis process for unimproved land. Specifically, I’m interested in understanding the costs, potential returns, risks...
Matthew Roberts
BRRRR Calculation question
When doing a cash on cash calculation should you calculate the pre-refinance loan payment or the post refinance payment? The deal looks good for the pre-payment, but after you refinanced and are paying back a larger l...