Reed Rickenbach
Lender Won't Cash-Out 100% of Cost in Memphis
Howdy all! I am an investor here in Memphis, TN. Currently up to 7 buy-and-hold units. I recently came upon the perfect BRRRR - one in which an 85% ARV LTV Cash-Out Refinance would return all of my initial out-of-poc...
Joel Ubiera
Hottest zip codes in Atlanta Metro
Hello,I’m starting to wholesale, and I’m looking to do some heavy marketing in the hottest areas in the Atlanta Metropolitan area, including Cobb, Gwinnett, and Decatur. I want to be as efficient and specific as possi...
Account Closed
What is the difference between FHA and Fannie Mae? Other loan types?
I am intrested in knowing more about the differences, pros and cons, etc about FHA and Fannie Mae.I am also wondering if there any other loans, pardon me if I am calling it by the wrong name, that are similar but diff...
Philip Hernandez
Raising private capital as a loan for multifamily
I'm in negotiations for a 12 unit in Cleveland right now, and will be raising 150k to go towards down payment and reserves. Our plan is to lower expenses for the building (gas is in landlords name now etc.) make mino...
Brian Plajer
Can and LLC obtain a LINE of credit?
We are looking at our first commercial property, triple net lease. We have an LLC that we quit claimed three properties into. We probably have about $400-$500K of equity in those properties. Can the LLC get a line ...
Joshua Nackenson
DSCR for Value-Add
I'm curious how banks looks at DSCR for properties that are value-add. Specifically, a property where there is not any significant cap-ex, simply gross mismanagement.
ie. The market is NOT over-saturated, but rents a...
Quaid Cde Baca
When to get out/ move on on a property?
Hey all! I'm now 1 1/2 years in on my first out of state rental property, a duplex, in Davenport, Iowa. It's in a rough part of town, ~C neighborhood, with a nice & reliable section-8 tenant family, with the o...
Account Closed
Which landlord software or tools do you recommend?
I am starting to get into landlording and just got my first duplex. I'm looking to get tools to stay as organized as possible so that I can scale the business up while managing it completely. Do any of the BP members ...
Mathew Wray
80% LTV non-owner occupied HELOC in Oregon?
Been looking to get a non-owner occupied HELOC and would love to find one (wouldn't we all) that will go to 80% LTV. I've been looking and it sounds like maybe PenFed has a similar product so I'm going to call them, b...
Fadil Khan
Interested in Rental Income
Interested in learning about investing in property for rental income, commercial property vs rental properties (section 8, traditional etc)