Aroldo Villarreal
Bought with Cash, Sold with Owner Financing. Can I get cash out?
Hello!I bought a house for $22,500 with cash of my own (since I didn't find a private lender on time) and sold it for $55,000 as-is with owner financing. My plan, BEFORE I sold it was to get a private lender to lend m...
Jason V.
Medium Multi-Family Market Analysis Methodology
A Happy New Year to the BiggerPockets Community!While I wait with baited breath for Brian Burke's annual market analysis for the coming year...(His 2016 analysis: Best markets to buy multifamily in 2016: A round-table...
Marc Izquierdo
IRR is a great metric to pitch! What about when not selling
Hi everyone!
When I’m underwriting a deal and there is a sale involved, there is no doubt that IRR is one of the best metrics to use and to give your potential investors. However, my model is to buy, refinance, and ...
John Kaspar
Tenant wants to break lease early (Massachusetts)
Hello all, was just informed me that my tenant who just signed 1 year extension on his lease told me he's closing on a house in 45 days and wants to break his freshly minted lease. Now the lease agreement (I purchased...
Michael Kiley
Is staging a small & inexpensive home really worth the dough?
Next month I'll be finishing my smallest flip to date... a 780 sq ft house in the Westpark neighborhood of Cleveland, Ohio. Because of the extensive renovation, I plan to price it at the high end of the comps around ...
Account Closed
Best area of the US to buy rentals?
I have asked this before and many said to only buy areas in areas I know. Perhaps I am crazy, but I feel like I can get gather enough information about an area from the internet and feel comfortable investing in stat...
Michelle Phimmasone
DSCR loan question and help
We are purchasing a beach condo STR purposes. Our broker had offered us these loan options:
20% down at 8.5% interest, $65000 down, $1999 monthly
25% down at 7.5% interest, $81500 down, $1704 monthly
We wanted to k...
Michael Lee
Need help analyzing this deal - BRRRR?
Hi All!I need some help analyzing this deal and what the best approach is to finance it.So this property is located in New Jersey, in a very good A neighborhood, approx 1hr to get to New York City. It is a 3 family ho...
David Katz
When to Throw in the Towel?
I purchased 2 turnkey properties through Memphis Invest (now REI Nation) in 2019. Everything was going well with both until about a year ago. For one home, the tenant went bankrupt in mid-2020 and stopped paying ren...
Account Closed
James & Tim's VERY off the wall late night discussion-LO
NOTE: This Topic was split from the 50% Rule Discussion in the Landlording Forums
Richard I was looking at your site and had some observations and questions. Your an honest and open guy so I am sure your open to a d...