Debra Muth
Looking for financing a new deal
I have 2 potential good deals. One that I think would make a good flip and the other that is a good rental deal. I already have 3 mortgages so I understand I can only have 4. I would like to find an investor for the f...
Jerry Padilla
BRRR Conventional Financing Info.... Buy Rent Rehab Refinance.
The typical cash out financing is done after 6 months of owning the property, based on ARV and available for mortgages #1-4. Please see delayed financing for less than 6 months after closing. On a primary residence y...
Steve Olson
Tax implications of "subject to" transactions
Hi All,
I listened to one of the more recent podcasts that talked about subject to deals.
Does anyone have experiences with the tax consequences here? I would imagine that the mortgage company will sen...
Lane Pressley
Financing short term rental under an LLC.
Hi everyone, first post since joining bigger pockets. My question is about bi weekly mortgages. We are in the process of getting pre-approved for our first STR and the lender is offering a 30 year fixed rate mortgage,...
Cliff Harrison
Rate of Return calculation for early mortgage payoff
Situation:Single Family Rental financed on 15 year note. P&I payment is $330 dollars. 13 years remaining on amortization schedule. Payoff amount is $35,000. Interest rate is 5.25%. No plans to sell, assume a ...
Benjamin Riehle
Another Awesome BRRR Project Completed!
Hey Bigger Pockets! Just wanted to share a recent remodel project we completed and how the numbers worked out for us!The appraisal just came in for a recent BRRR we undertook. The property was valued at $138k.We bega...
Paul Jones
How do you pull off the cash out refi in Texas or finance multiple rentals with TX50A6 statute?
I am a newbie, but I have one free and clear rental SFH with excellent cash flow. I wanted to do a cash out refi of about 50% LTV to get the next one or two, but was told by my banker, "can't do it." He said no b...
Jason V.
Deal Analysis: Low End Buy, R & H SFR v. Solid Multi v. Flip
I'm thinking myself around in circles, and hoping for the input of the BP community to settle me down. Feel free to skip down to the bottom if you just want to look at the numbers, but the numbers aren't what are real...
Ryan Bird
Name Insured vs Additional Insured Question
I have deeded a property to an LLC so LLC is sole owner in the deed but mortgage is still in my name. Planning to rent the property out.
Who should be the ->
1. Name Insured?
2. Additional Insured?
3. What al...
Ryan McCarty
BRRR options I am trying to decide
I have slowly grown a real estate portfolio totaling 7 properties and 15 doors over the last 6 year. I am currently renovating a 4 unit property. With the goal of maxing out all 10 of my traditional 30 year fixed mort...