I have a partner that is willing to fund my deals. He swears that 15 year mortgages are best, and he will never do a 30 year mortgage because of the high interest. I'm wondering what CoCROI I should be looking for in ...
Hi all,Currently undergoing extensive renovations on a triplex I purchased two months ago. I am looking to purchase and install two new furnaces and keep one of the existing furnaces in place. Looking for cost effecti...
Hi Memphis Fam,What are the key strategies to lower your investment loan in this market ? I got quoted ~7% and want to lower that at lease couple upcoming years.I am open to all ideas.Thanks,Orhi
Thanks to the BP community for your posts on Capital Expenditures. I potentially would have let wishful thinking influence me to underestimate these expenses.Obviously, it is best to estimate these expenses on a house...
I bought my first 3 family investment property back in June 2013. I currently occupy one floor and rent out the other 2 units. Since then I have put in a substantial amount of work into the home. All new windows, n...
Hello All,I'm trying to buy a property that is a terrific BRRRR opportunity. The former owner thought it would be better for the sale to get the tenants on a 12 month contract for the sale (formally just on a verbal m...
Do you own a warehouse or are considering investing in one? Some would consider warehouses to be the backbone of today’s supply chain. There is a large demand for efficient distribution and storage of goods, thus many...
can you refinance at the end of an interest only loan into another interest only loan?
I am currently looking into buying a rental property. However I will pursue the deal that makes the most sense and wanted to confirm I am on the right track in regards to my understanding of tax write offs. I plan on ...
First of all, let me say that everyone here has been my rock since we started this whole process! I appreciate all of the helpful comments!!!I was having issues getting applications on my rental. We have had quite a...