Jarred Sleeth
Cash Out Refinance after 4 mortgages, what are my options?
Hey BP,I recently made some major upgrades to a property of mine and wanted to do a cash out refinance on the property. It's in a conventional 30 year at 5.5% with about 53k on the clock. I figured I could cash out ab...
Spenser Murphy
Looking to Implement the BRRRR strategy in San Antonio
This post will have several different questions pertaining to the aspects of the BRRRR method. I want to know what other San Antonio investors have experienced with this method. Thanks in advance.A Rehab Costs1) I've ...
Tiago Alencar
First round of direct mail.
I sent out my first round of direct mail today for delinquent tax. I'm a little nervous. I'll post what happens
Nick Phillips
Who determines lot sizes on new development
I have a general question about new construction. If you buy a parcel and develop on it, how are the lot sizes determined? Is that up to the developer or influenced by the municipality? Each lot would have its own add...
Corby Goade
Delayed Financing Cash Out
I recently bought a duplex with cash from my HELOC, and am looking to cash out the property to pay off my HELOC and do it all over again. It's been four months since closing, so I have two months to go before the prop...
Allen Joyner
The Lender wants 6 months Reserves
I am looking to buy a 4 unit apartment. I have the 25% DP, the closing cost and my credit is excellent. The lender would like me to keep 6 months of reserver funds not just on the apartment but also my primary and a...
Michael Dunn
Being able to SHOW Rental Income as Income ......
I have a quick question please, regarding How Long you have Rent out a Property, for it to Qualify as Rental income on your Taxes ?Say I Rent out my Property in March ..... Would from March till the End of the year ( ...
Jonathan Bailey
Help with buying first owner-occupied property!
Hello!I'm coming up on a year of my first year working after college. I make close to 60k and am also living at home. When I move out (hopefully by this time next year), I'd like to purchase an owner-occupied duplex/t...
Matt Miller
New investor from Southbend Indiana !!
Hello BP !!My name is Matthew Miller from Southbend, Indiana. To talk a little about myself, I am a family man. I am a career firefighter and love my job. I also have a couple cleaning contracts as a part time job.I w...
Brandon Snyder
New guy starting out in Torrance, California
Hey everyone, my name is Brandon, and it's great to be here! I'm really looking forward to learning a lot, to meet some great people, and to change my life. From 2004 until 2012 I taught English as a second language ...