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Today the Governor of Ohio issued an executive order requiring Ohio residents to stay home beginning March 23rd at 11:59 PM until April 7th. Thankfully, real estate and other key business have been deemed essential an...
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Hello BP community! I have a flip going and am wondering what everyone's thoughts are for continuing work at it. We have been put on a "Stay at home" order here in Minnesota from our governor. We are 3 weeks in, the p...
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I've been reading BP for a couple of months now and figured it was time to have the typical introduction post. I'm a 26yo mechanical engineer working in NYC and living on Long Island. I'm getting married in August and...
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Hello friends, I hope you are all healthy in these trying times.So I have a refi and I know a lot of this is subjective , but I am wondering what you would do in my shoes.Here are the factsAll in for 102,000Appraised ...
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Hey BP, I have been looking into hard money and private investor loans, and how investors use these loans to refinance a property after they fix it up into a conventional loan. You all know the story, they pay back th...
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Hi, here's my question. If I buy a 4 unit multifamily property using a 1031 exchange for $2 mil then use my own cash to remodel it, then have it appraised for $2.5 mil. Can I then refinance the property and take some ...
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I'm interested in getting feedback on how you would suggest structuring the following BRRRR partnership: Partner A: Brings 50% cash to purchase a deal and is hands-offPartner B: Brings 50% cash, does all the legwork (...
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It’s essential to purchase your first property with your own CASH to rake full advantage of the BRRRR method. True or False?
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How can I finance court house properties?I have limited cash, but my credit is above average.
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Hi all! I have a quick question to throw out. We are just closing on our first rental property this coming Friday! I have been through the Forums, and it seems like Quickbooks is what is recommended for keeping up ...