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Almost a year ago, my brother in law pointed out the fact that, for what I was paying each month in rent, I could afford a mortgage. I started thinking about it and realized how much money I was putting directly into ...
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Hi everyone, overall goal is 8-10% COC and total 15-20% ROI 5-10 year period. Strategy right now is to place 50% of the cash on syndicates focusing on class B/C residential assets and another 50% of cash on single fa...
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Hi All, I just purchased 2 properties (duplex and 4-plex) for cash about 2 month ago in Cincinnati and like to cash out refi to invest in bigger deals. I am in NY. Anyone know of any lenders/brokers that works with ou...
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Hi Everyone! I've been researching, learning, and consuming as much content as possible for a while now, trying to get all the info I need to get started investing. The problem I keep coming back to in my mind is the ...
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Lets say for example you're flipping a house and have decided the project has 5 phases where the GC gets paid upon completion. If they are in between phases and you decide to fire them, do you pay a daily rate for wha...
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Hello! I was just denied a re fi by Quicken Loans because I own 20 properties. To those of you who own 10+ properties w loans, what are your options? I know I can go w more 5 yr ARM SBLs, but with the rates so low I w...
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When speaking to an architect today, he told me to factor in spending $250 a sqft for a new duplex in West Palm Beach, Florida. Does this seem too high? I know contractors has more then enough work coming their way ...
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I have already introduced myself as a new member (when I was rolling the free BP status). I did not know if I could reintroduce myself as a PRO member, but wanted to celebrate turning PRO so I thought I would start he...
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Here in Bexar County (San Antonio, TX), the annual property tax statements went out at the beginning of May. For my personal residence, the value on the home increased $21,000, which equates to approximately $42 per m...
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Hello BP, doing some research on delayed financing when purchasing with cash and cashing out some money under 6 months. Are investors doing this and then cashing out the remainder after 6 months? Doesn't that cost mo...