Hey guys!Have a question. My husband and I are both 27 and have, technically, 3 rentals. One is a duplex, one is a SFH, and one is a piece of land. We own all outright. The duplex rents for $450/month plus utilities o...
I keep hearing people say they do buy and holds. Can someone explain? Are they turn key properties? Do they require a complete rehab? Or is BRRR & buy and hold the same thing? Thanks all.
Hello I'm trying to understand this cash out refinance.. if I buy a property way under market value after it closes can I cash out refinance and get my original down payment back assuming the property has enough equit...
I recently bought a rental in Ohio. I paid cash $78,000 and put about $35,000 worth of rehab into it, so all in $115k. Looking for best option to cash out refi. I think it would appraise for around $140kI have only ow...
Hello, I have been searching for two-three family properties in the Bridgeport CT area for the last year now with minimal luck. I have expanded my radius to include:Bridgeport, Stratford, Shelton, Derby, Ansonia, Milf...
HI, I am a wholesaler in the San Diego area and I am just starting out. I am currently building up my cash buyers list as big as I can right now. I have 2 ads currently running on craigslist and I am messaging cash bu...
I'm looking for thoughts on how, or if, I should get access to the equity in a rental house?Situation: I own a SFR 3/2 in WA that currently rents for 1900/mo. It currently cash flows about $100. There is roughly $70...
So I’ve decided I’m gonna purchase another home and make my first home a rental. I have a family friend that’s a mortgage guy and I cant tell if he is in my best interest or just sees $$$. I was thinking cash flow is ...
I keep hearing about the BRRRR strategy, but i dont know how effective it is with cash flow. Couldnt this strategy kill your cash flow?Say you refinance and increase your loan amount to pull cash out. Once youve incre...
Hi BP,
I just started utilizing BP and I got to say I really appreciated the feedback from my first post!
I mentioned I had written down all my goals so I thought I would just share them with my new community of i...