Andrew Caldieraro
Refinance or not, in this case
I have the option to refinance a 30-year fixed loan from 4.5% to 4.0%. The refinance cost is $6k. It’d save me $11k if I kept the loan a full 30-years. At this time, I have no idea if I’ll keep the loan that long. Sug...
Jack Gallacci
Hi I’m Jack from the Columbia basin in Washington state.
Hi guys my name is Jack Gallacci I am a brand new member of BP. I was totally moved by my friend who has been in the real estate investment business for a few years now and I caught the bug. I have been devouring all ...
Jim K.
The Christmas Duplex: Concerning the Former Owner
Have you ever met someone who has no clue how lucky he is? The kind of guy who might buy as a first property investment a duplex in Pennsylvania when he lives in North Carolina, decides to remote-manage it, populates ...
Adam Egloff
Should I move ahead with my first deal?
Hello,I'm currently working on getting my first property and I just wanted to get some opinions on whether or not this is a good deal. It looks to me like it is even if the cash flow is a little lower than I was hopin...
Daria B.
Depreciation (rental and flooring) - selling rental
HiIn selling a rental property I know anything that was being depreciated is subject to recapture.My question is, if I spent $7k in 2019 on flooring that is depreciated over the years of 2020-2023, and I sell in 2024,...
Joel Felan
Newbie from Michigan
Hi my name is Joel Felan, a total newbie from Michigan. Live in Plymouth in western Wayne county. Currently working in IT and looking for investors/mentors in the area to learn from. I am hard working, a quick learner...
Antoine Pippens
How to sell complete rehabbed turnkey duplex
My first investment rehab on a big duplex is almost complete. I was a total rehab from basement up! My initial strategy was to brrrr the unit for a 920 month cashflow but a change in plans with me about to move out to...
Alex Kohler
FHA loan, down payment, cashflow
Hi BP!I had a quick question.... If you use and FHA loan for 3.5% down on a small multifamily property can it still cashflow (or at least pay mortgage) if I live in one of the units? Or will I have to put at least 20%...
Tom C
Need advice on financing
I am currently trying to pull some cash in order to make another acquisition and I have a dilemma on which way I should go. Keep in mind when reviewing the numbers, that the next acquisition will be another rehab and ...
James Williams
Creative financing Charlotte. NC
Hello BP community! This is my first post and I am looking forward to interacting with everyone. I am new to real estate. My fiance and I have decided to pursue this adventure together but we have some road blocks. We...