Kulin Dakwala
Commercial lender at Michigan
Hello,I did purchase single family rental at Michigan in 2018 and recently transferred from my name to LLC. Now, I am thinking to refinance as my current 30 year mortgage rate is above 5% and believe that I can get be...
Brian McDonough
Freeport Maine Fix and Hold
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $300,000
Cash invested: $100,000
Contributors:
Jessica Niles-McDonough
Downtown Freeport single fam...
Dan Costantino
Tax implications on owner financing
I have a seller that wants to sell me a house for $240k. He paid $90k. There is a $200k HELOC on it which they used to build their $600k house which is free and clear...technically. I am trying to convince them t...
Simcha Davidman
Osage Beach, Missouri Commercial Lender
Greetings!I'm looking at a small medical office property (~$500k pp) in Osage Beach, MO and and seeking a small local bank that uses the treasury as a benchmark, or really anything but WSJ prime. If you know of a good...
Chloe Nave
Professional Tenant Screening Worth the $$$
As a new investor looking to lease purchase properties to potential home owners I am so glad that I invested in a professional tenant screening service to find the best possible candidates. Here's my story of how I al...
Jesse Lee
Refinance Owner-Occupied Airbnb Property
I’m looking for a lender who can help with a refi + cash out. Goal is to max cash-out amount at the rate/points that make the most financial sense. Background below -
-Owner-occupied 3-unit property located in Bay A...
Walid Elfoly
private lender risks and disadvantages
hi bp members,it seems to me that it is very difficult for foreigns to get any type , mortgage from banks, especially if they leave out of US ,and i think that the easiest way is to get mortgage,loan, from a private ...
Brendan Illies
SFR Deal Analysis - Vacancy & Maintenance Rate Assumptions
Hello, I'm a data-guy so I'm building my own deal analysis workbook. One thing that I've seen is a rather simplistic assumption regarding Vacancy and Maintenance rates as a percentage of gross income - typically 3-5%....
Bradley Huizenga
Home Sale - Capital Gains for Investing or Living Debt Free?
Hello BP Community. I am somewhat new to BP, this being my first discussion topic. The question I have been wrestling with for a few weeks now is a fairly simple question that provokes a difficult decision.To give you...
Max Smetiouk
Buy Existing or Build New
I am wondering if building log cabin is going to create more equity vs buying an existing log cabin?How would someone approach analyzing it and what are the different things to consider? When is it generally better to...