Lynn Wong
First rental investment
Hello everyone! Newbie here, I need some advice about investment in Arizona (Mesa, San Tan Valley..). Thought about Stockton or Sacramento area but CA is not landlord friendly state and housing too expensive here to h...
Benjamin Z. Pickens
Concerns with funding
I will have about $13,000-$15,000 for a down payment on a property of my choosing. I'm concerned. If I use the full amount for down payment on a decent property that needs minimal work I am left not having funds for c...
NA NA
COVID-19 challenges for landlords in Texas (TX)
Dear Texas landlords,
These are troubled times but I am encouraged by the fact that several threads on BP are discussing the challenges of being a landlord in a pragmatic manner. This supportive exchange of ideas is ...
Brad Hughes
Any TOP Non-Bank $5mm lending options?
My wife and I are first in line to acquire a profitable wedding venue in Illinois. We need creative/quick financing on a $5mm property. We have an NDA, LOI, and a contract, so no questions about the property please....
Jeff Libby
Paying off mortgage early or reinvesting in other ways
I have been wondering what would be a better strategy, making two extra mortgage payments/ year or using that money elsewhere. I'm going to use a basic mortgage calculator for the doing the math on this example.If I h...
Kyler Ng
Should I BRRRR, Finance Traditionally, or List as Agent?
Hello! I’m looking for some recommendations on an opportunity I have. Here’s the details:Potential Purchase Price: $95kEstimated Rehab: $10-15kARV: $135kCurrent Rent: $800 - well below market. Could be increased to $1...
Dolphurs Hayes
Cash out refinance under LLC
Hey I am currently getting closer to closing my first BRRR deal but I wanted advice on how ppl went about the cash out refinance step. Is it tougher to cash out refinance when the title is in LLC? Any tips on how to s...
James Messa
Owner Finance Deal
A wholesaler brought me this deal. Purchase price is at 80% of ARV of 180,000, it needs very minimal make-ready/repairs for renting so I figured $4000. Cash flow is minimal. But this wholesaler also as a buyer who wan...
Alex Smith
Interested in House Hacking but Limited Multifamily Options
I am looking to purchase my first rental property. Love the idea of house-hacking and the ability to use FHA loan. However, my area of CT has minimal options for multi-family homes. I am at a point where living with r...
Neel Shah
Best Loan servicer for private lending
Hello everyone!I am planning on privately lending money for a period of 10-years. What is the best Loan servicing company/agency/website to use - with minimal overhead? Ideally, I want to use a service where a buyer c...