Stephen Jones
Selling to scale. Is it worth it?
BP, I am looking for some advice from investors who have had experience with selling a portfolio to scale there real estate business. Is it worth it? Do you regret it? Should you have just continued cash flowing with ...
Bernard Chouinard
Post Foreclosure Resrictions
Could really use some advise on trying to obtain a 2nd mortgage for home repairs and maybe even down payment of a multi.Here’s the background. 2007 – Friend of mine and I bought a duplex for us to both leave in (one o...
Catherine Javier
Portfolio lender, Conventional loan
I am new to BP and trying to dive into Real Estate. This will be our first Rental hopefully!
My spouse and I offered on a Duplex that we think would cashflow (based on the computations used in BP).
We both just star...
David Bayon
Rental Portfolio opportunity
We (my wife and I) just submitted our first offer and it's a bigger deal than we would have expected for our first one. We made an offer on a rental portfolio (14 properties with 95 units). We are doing a JV with my b...
Jake C.
Donating ~17 distressed SFH's in Chicago
Hi All,I have a friend that had a large single family rental portfolio here in Chicago in 2012. He ran into some financial trouble, went through bankruptcy, and ended up with a remainder of his initial portfolio, abou...
Zachary Russell
Can’t Wrap My Head Around Cash Out Refinance
Hi, I’m under contract on a great deal, yet I don’t understand how my cash out refi is going to work. Purchase price: $105,000 (hard money).Rehab: $30,000ARV: $200,000Refinance: this is where I get stuck. The lender I...
Hugh Carnaha
How does market dip effect the FI people living off investments?
Howdy Guys!I listen alot to BP's Money podcasts. I know that the Corona virus has spooked the market down by 12% in the last few days. And I know it is generally held that it won't matter what we do if you hold for th...
Daniel C.
2-3 unit buildings in commercial loan
Hypothetical financing question for the group. I’m not looking for lenders, just looking to unpack this scenario.Assuming they are both achievable, is there currently merit in holding 5 duplexes and triplexes in a sin...
Chris Seveney
Blanket Loan Financing
Looking for recommendations for a blanket loan lender. We have 11 doors (and increasing) on assets which range from $60k-$250k.These are C class rentals in several states.Looking for lenders to consider putting blanke...
Dustin Sanders
Am I limited to only 10 Mortgages?
Hey BP,I am spoke with my current lender, and they only allow up to 4 mortgages. I found out that I can get up to 10 mortgages by using a “portfolio lender”.Are there ways that I can have more than 10 concurrent mortg...