Ashish Wa
Question on DSCR option
Hello Folks
I may need DSCR loan for a new construction with the DSCR being under 1. Whats the ongoing rate with this scenario and fees?
Wendell De Guzman
Make $1M in 12 Months - Week 28 (Top 3 Ways to Find Deals!)
This post is part of the my on-going quest to make $1M Profit in 12 Months Through JVs with BP Members. Here's the start of that quest:$1M in 12 MonthsBelow is my Week 28 Update. We have added to the goal this week s...
Jeremiah Robison
Using HELOC to BRRRR
My wife and I bought in an up-and-coming neighborhood just three years ago, but now have 130K in equity almost entirely from appreciation. We have solid jobs and a small emergency fund. I am interested in deploying ...
Karl Augustus
Opinions on Opportunity: Build or Wait?
Hey everyone. Interesting opportunity here. On our existing property, we have 2 running units, a 2Bd 1Ba, and a 3Bd 2 Ba, and the property has potential for additional units, and I'm faced with the dilemma of if we sh...
Kay K.
New Investor: Seeking Duplex FHA Hack Guidance
Hey Everyone ,I am looking to invest extra income in rental properties, I would appreciate any advice on the following...Currently, I am seeking to puchase a duplex in a small town. Dispite the relatively smaller size...
Kyle Curtin
Quick Tip For Increasing Rents For Your Buy and Holds!
Hi everyone!, I just wanted to make a quick post to help out investors when it comes to raising rents in your buy and hold properties!Something to keep in mind when leases/TAW agreements are soon to end an...
Eric Maertens
Cash out 401k or leave in?
Hi BP,
My question is should I cash out my 401k to invest in a basement rental at my current residence. I am 31 yes old, I have a 30yr VA loan on the property and finishing the basement will cost an estimated 50k whi...
Duane Alexander
Where to go from here? Having difficult time finding my 1st deal
I'm in Atlanta looking for my first house to flip. I have an investor friendly agent, been combing the MLS, and putting in offers for around 3-4 months to no avail. I'm tapped in with 3 different wholesaling acquisiti...
Justin Walters
Creating Self Directed IRA for existing LLC
I think I know most of the answers to the proposed question and do know that it will require the proper steps through a real estate attorney and/or CPA. For my own edification, I wanted to propose the following.Curre...
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How should I get $12,000 for rental property repairs?
My wife and I want to buy our 1st rental property. We are currently looking into a duplex that we could buy for $40,000. We can get a 6.5% for 15 years ($314/mo for P+I) or a 7% for 30 years ($240/mo).
My wife and ...