Evan Snyder
Starting out in SoCal: Riverside
Hey all, first time on the forums here and am trying to soak in everything I can. So, I live in a city that’s really expensive to buy single family residences or multi family. I want to get into my first deal, and was...
Sam H.
Proper Accounting Advice Needed
I'm trying to clean up my books and need help resetting my balance sheet - I believe I need to go back in time and essentially reset the initial entries. Basically, if someone can tell me how to set up my books starti...
Ricardo R.
Can you help me with a deal?
Hi everyone... I'm in the middle of a deal over the next week and wanted some input from you guys:I'm purchasing a single family home (SFR) for buy and hold - to rent out. I have all the numbers crunched and it's a gr...
Timothy Morales
3rd mortgage too risky?
Hello everyone! I am looking to get started in real estate investing and need some sound advice. I bought my house in 2018 right before the market boom for 369k and did a cash out refinance in 2020 when the rates drop...
Patrick Kendrick
BRRRR SUCCESS! LESSONS LEARNED.
A triumph right out the gate! ..of sorts.POS Triplex BUY: $105,000 Costs: $7,900 Rents: $1,100 mo Financing: Hard Money 12% interest only for 9 mo (stings)REHAB:Repair costs: $9500 Misc: Includes "cash for keys" to re...
John Hunt
BRRRR-ing with other people money
Hello. Im a recent college grad, and although I have a well paying job I haven't had enough time to save very much cash (at least not for the pricey Nashville market I live in). I love the idea of BRRRR, with its abil...
Byron Kim
cash out or conventional refi?
Since this would be my first cashout refi, I'm wondering if I'm missing anything hereProperty: existing mortgage has 255,000 left on a 30-year fixed at 4.25%, property appraisal estimate 410,000- current mortgage is $...
Peter Staiano
No Time Like the Present
Hey everyone, This is my first post, but have been listening to BP podcast and analyzing deals for a few weeks now. I decided that my 2022 resolution is to buy my first house (currently renting) and rent out the other...
Zachary Hollander
Cash out refinance for investment
Hey everyone,
We are in the process of doing a cash out refinance on the home we purchases last fall and expect to be able to pull 100k/ maybe more from the cash out. My wife and I have a plan to buy an investment p...
Timothy Casallas
Noobie Question on Refinancing
This is going to be a real n00b question but I am new and I always get confused about refinancing. The down and dirty is I bought a house for 135k with a VA loan so 0% down payment. 2 years later the house is appraise...