James Carlson
Deal Diary: Second home/vacation rental in Colorado
Thought I'd share a deal diary of a vacation rental/short-term rental in Colorado that my clients will also use as a second home when visiting. (Pics at the bottom.)
The GoalOut-of-state buyers wanted an STR mountain...
Andrew Bertram
Calculating expenses
I am looking to be a buy and hold investor. I own one property (former primary residence.)
Belcamp, Maryland 21017
Suburb of Baltimore, Maryland
Semi-unique situation because proximity to Aberdeen Proving Ground (mi...
Michael D.
Financing Cheap Houses
I've been purchasing a number (4 so far) of cheap houses (<$50k) with cash, and now I'd like to get my equity back out of them to buy more. I'd also like to figure out a plan for being able to do this smoothly i...
Kim Rock
Stated income investment loan refi?
Anyone have such a thing? I need to refi one of my investments that is currently in an ARM... Since then I have purchased other property included my primary residence which I own with my husband. I want to keep the...
Raeshelle C.
Would you take out a business loan as a down payment?
On the mortgage of a n investment property? Here's an example. I found an investment property on loopnet.com and did analyzed the deal as an example. A 5-unit investment property with an asking price of $352K and an a...
Account Closed
New deal analysis rookie investor
This is my first deal and I am looking to make sure that I do it right.I am looking at a St Louis really old 4 plex which was recently updated in a C area. (New roof, tuck point and plumbing stacks). The heaters and f...
Josh Breadon
Are Point of Sale Regulations UNCONSTITUTIONAL????
In Oakwood, OH, an investor took the city to court for their POS laws, that were eventually deemed unconstitutional, because they infringed on the citizens' 4th amendment rights."As provided in Thompson V. City of Oak...
Bill F.
Why is the mortgage still due during COVID-19?
The mortgage is still due. Why?
1 - Investors should have saved 'reserves' in place - so if they are already worried about rent payments coming in April, just a few weeks into this, they have decided not run their v...
Kendall Luelf
Vacation Rental. How To Get Financing With High Debt To Income?
Hi all!
This is my first post here and I'm happy to be apart of such a knowledgable community! Here's my situation...My wife and I currently own and manage 2 vacation rental properties. We would like to expand even...
Account Closed
Just Completed My First BRRRR and made $15k!!!
This month I successfully completed my first BRRRR project, and want to thank BP because until recently I've never heard the term BRRRR. We purchased a house in Charlotte, NC just over 2 years ago (November 2014) for...