Chi Sastry
Looking to buy 5-10units in NC/SC or TN
In 2023 - I’m looking to buy 5-10 units in NC, SC or TN (I know - everyone is also!). I own 5 doors (1 STR and 4plex) in NC. How do I go about getting commercial financing? Any ideas for people that scaled from 2 to 1...
Aaron Mahnke
Unique Situation on First Property - Need Advice
I am under contract on my first investment property in Kirkwood, closing in a week. It's an incredible school district, and I was planning on getting it marketed to rent to coincide with school starting. I know the pr...
Bryan Hancock
Is Your Capital Working? Or Are You Working?
Lately I have seen a number of posts from what I consider some of our most respected posters on the board using standard procedures to calculate returns. One of the calculations that happens frequently is that someon...
Juan David Maldonado
Conventional VS DSCR Loan
Hey, I'm getting ready to purchase my first single family investment property. I have money saved up for a down payment plus more and good credit. Should I go the conventional loan or DSCR loan? I want to scale up aft...
David Rodriguez
Funding for commercial multi-unit
The alternative to banks for single family and 4 Plex is hard money, it has made my life a lot easier. Now I want to buy a 6 unit residential, but I'm having a hard time getting funding from the usual sources, what ar...
Phyllis Kelly
HELOC on NOO property owned outright
Hello everyone, we will be looking to acquire a HELOC on a duplex owned by our LLC, NOO. We paid cash for this property - no mortgage. We have been working on updating the outside and now need funds to keep going on t...
Susan Tan
This last step is tricky: Refinance! Can I do refi w/o a W2 job?
I'm a self-employed real estate rehabber doing BRRRR for the first time. I do not have a W2 full-time job this year. When it comes time to do the last "R" or refinance with a traditional bank to pay off a hard money l...
Tim Dyer
2nd, 3rd,4th BRRRR
I am just starting my first BRRRR and in the process of the rehab portion. I want to start looking for my second BRRRR but wanted to know if/how some of you are doing 10-20 BRRRR per year? I am not getting my money "b...
Christopher Mooney
401K loan or HELOC
Hi everyone,I’ve got great credit, good income, but not much liquid for a downpayment. I’m considering either a 401K loan or a HELOC on my personal residence to raise money to do my first out of state BRRRR. I’ll have...
Brandon Gall
Issues obtaining Conventional loan due to unique job
Hey, BP community, I am running into issues trying to obtain a conventional loan for a duplex. I currently own two duplexes and one single family in the area that cash flow well. I am an overseas government contractor...