Is there a way around the 6 month minimum seasoning period to refinance an investment property? I was talking to a lender about BRRRing a property using a line of credit to purchase and rehab the property which I thou...
Hi all, I'm just starting out here and attended a few webinars thus far. My interest lies in buy and holds so that I can rent out a multi-family unit in the near future for my first investment property. I'm trying t...
Hi, I just purchased a property for cash for $40K and put in $15K to rehab it. I already have a renter contracted to pay $750/ mo. I was looking at a DSCR loan but two lenders have told me they can’t do a cash out ref...
Hello all tax professionals on BP, I would like to reach out to the knowledge base to see if any of you have dealt with a similar situation as addressed below and how to properly handle it. Thank you in advance!Topics...
Hey everyone,I created a forum post nearly two weeks ago asking for advice on the analysis of my first deal. I have since revised those numbers to be more realistic and conservative and to reflect that this deal is n...
City Heights, San Diego
Second floor unit of Condominium of 6 unit complex
736 SqFt
Build in 1992
One car garage + one off-street parking space
Rehab cost about $2,500
Rent: around $1,200
HOA fee: $220 (include CAM, B...
Hey everyone,New investor here. I just read and took comprehensive notes from three books on real estate investing:- Long-Distance Real Estate Investing (David Greene)- The Book On Rental Property Investing (Brandon T...
Hi guys. My partner and I have a hard money loan on a property we are flipping. We are both 50/50 owners of the llc the property was purchased under. We both personally guaranteed the loan. Loan was for 90% percent of...
I've noticed some investors having some issues efficiently and accurately analyzing rental properties. I thought I would provide a reference below to help out some investors who are struggling to determine what's a go...