Scott Gabriel
Combining mortgages and finance partners
Since we got started fifteen months ago, we’ve closed on eleven units. We buy multi families in the northeast for long term holds, and so far our cash outlay has gotten a 15-18% annual return. So far we've used person...
Matt Ridenour
Fun high end flip completed
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $825,000
Cash invested: $450,000
Sale price: $2,000,000
Our largest flip to date. We purchased this mid centur...
Mike R.
reserves: # months rent or # months expenses or ??
curious how folks set up their reserve accounts? do you use something like certain number of months of gross rent (i.e. 3 months gross rent) or # months of total expenses or based on expected capital expenses or some...
Simon Roberts
Newest Member from Northern VA
Hi everyone,My name is Simon Roberts and I live in the Northern VA area with my family.I've been fascinated with REI since I rented out my first condo 10 years ago and I've only now become more serious about my 10 yea...
Travis Beehler
Profitability spreadsheet
Hello all!I've posted earlier about a spreadsheet I use to determine profitability of a home that I'm looking at purchasing. I was soon asked by many people for a link to the spreadsheet. So, I have decided to put a...
Jared Vidales
Assigning contracts to yourself to acheive 100% financing
Hi All,I was wondering if anyone had any experience with this. I have a goal to achieve 10 new buy/holds by FY17. However I dont have the cash outlay to put 20% down onto 10 rentals.... I wholesale, and often get prop...
Dustin S.
Buying a Multi Inland Empire CA Looking for Advice/ Tips
Hi all I am getting ready to buy a multi family probably a triplex in the Inland Empire area of California, the area east of Los Angles. I am concerned I am overlooking some of the details. I am looking at primarly tr...
Amanda G.
Likely bank options for a BRRR?
I'm looking at a possible cash purchase ($8k-15k) that needs $40-50k of work. The ARV conservatively would be $85k, probably more like $110k. I want it as a buy and hold. I have debt to income which would fund this ou...
M. Greger
DSCR Rental loans interest rates and loan terms
What are the interest rates and loan terms typically associated with DSCR rental loans?
Martin Zagrzejewski
Bandit signs
Hello BP,Does anyone know (besides Harris County) what counties around Houston have sign ordinances against bandit signs? The fine I heard is pretty large but I'm not sure about other cities or counties around Housto...