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Hello to the BP lender community,I hope all is going well and everyone is staying safe and healthy!I was hoping I could run this by you and see how it would affect my DTI when doing the refinance part of a BRRRR.To fi...
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6 unit MF unit in desirable area$1.5M asking price4% Cap35% OpexEstimating 10-15% rehab costsEstimating rent increase 30-45% after rehab2% YoY rent increaseLow vacancy4.5-5% CoCRAll cash syndication purchaseRents shou...
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I have a client who's retired on social security with $1400 a month. He has a $250 mortgage payment on his current home. But not really any other debt, drives an old toyota, that type of guy. If they wanted to purchas...
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I own a two family house in Queens (New York City). This is not my primary residence; it's for rental only. It's fully paid for, but it has less than impressive cashflow. After all expenses, it generates roughly $2...
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So here’s the situation, my parents are financially strapped and are considering selling their home to me so I can rent it out to them for less than what they’re current mortgage payment is. I’m not so interested in b...
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Hi everyone!First of all, please forgive me if there is already a dedicated thread or another place for this discussion. I just signed up for the forum and wanted to jump in.My fiancee and I are looking for a house (L...
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I currently live with my boyfriend at his moms house, but she has recently been driving us insane with all her complaining hahah so we have decided that we want to move out. We have recently become interested in real ...
Hello community!! I'm a newbie here, but I've listened to a bunch of podcasts and decided I was ready for my first flip...Finally got an offer accepted and am closing in 1 month. Holy shit. It's really happening!! I...
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Hi.So i firmly belive that the global financial markets are teetering on the edge right now.What im interested in your ideas are how that would affect someone like me and what steps to take to limit that exposure to r...
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I'm looking for my first propertyThere's a 4 unit 1300ft each, all with 2 car garages. Asking $540k, monthly rent is $5200. Building is 10 years old, in good shape. Good neighborhood. Tenants pay all utilities.I was ...