Shawn McCormick
Refi Options in Ohio
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...
John Asher
DSCR loan low rental appraisal?
I just got an appraisal back for a property I am trying to cash out refi. I bought it for $100k and the appraisal came back at it being worth $210k but only worth $1000 a month in rent (the rental comps are nowhere n...
Lindsay Conway
Where do you get your $$? We have the deals, but need more $$!
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...
Michael Allen
BRRR vs Buy and Hold?
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.
Jack D Falkner
HOW To Find Cash Buyers
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...
Scott Kuhnert
Best way to get equity out of rental house?
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...
Adrian Gallant
Is it a good idea to only own 1-2 multi families?
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...
Joshua Buchanan
Help! Cash out refinance question!!!
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...
Joe Matthews
My 2020 Vision Board
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...
Dakota Cochran
To refi or not to refi
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 ...