Mark-Anthony Villaflor
Negative Cash Flow after Cash Refi Strategy
Good morning BP members! I'm interested in getting a couple more properties while rates are still low. The downpayment for 1-3 new rentals would come from a cash refi I'm looking at doing on two properties I purchased...
John Semioli
Refinance Options for STR when loan-to-value ratio (LTV) isn't enough
Hello, community! I’m looking for advice on refinancing a STR property in Pennsylvania. About a year ago, I took out a mortgage and recently added significant value to the house. However, I’m hitting a roadblock wit...
Deon Knott
Buying homes with 850 Square Feet or Less?
Hey Guys, I'm looking at a home with a little less than 800 square feet. The deal seemed good at first. The location is good. The neighborhood is good. The rents are good etc. However, we've never purchased a pro...
Josh Kliethermes
Lender Search - Things to ask / look for
Hi BP!I am beginning my lender search. I have talked with a few agents and gotten recommendations for lenders in my area. One of the first things the lenders try to do when opening conversation is trying to get me to ...
Dan M.
Getting Comps without a realtor
Hey All,Does anyone know of a way to get comps for a property without going through an agent? Any reliable sites/tools out there besides the Zillows of the world?
Daniel Guerra
Building department (Hobart, Indiana) closed, can't pull permits
I'm currently working on a rehab in the city of Hobart, Indiana. The building department closed down due to the Corona virus and are not issuing permits. I do have the building code official's number on speed dial how...
Libby Baugher
What to do with my 401k?
I’ve recently been let go from my company due to downsizing. I have around 68000 in a 401k and am trying to decide what to do with that money. Options are leave it in, transfer to another account or pull it out(getti...
Christopher Hough
Watermark Home Loans Not Returning Calls/Emails
Good Evening,My significant other and I are in the process of trying to finalize a cash out refi with Watermark Home Loans and out of nowhere - the communication with the MLO came to a screeching halt. His last email ...
Rob Randle
Just backed out of a good deal!
My first and only rental consists of a property in a great area that didn't take hardly any work to get rented. It gives a decent return of 10% cash on cash. I am currently looking at another similar deal but I just...
Sarah Sparks
Save retirement or use as downpayment
Someone I know is on rent assistance and has retirement money. Hes about to be 64 and will lose the rent assistance if withdrawing the lump sum of retirement. He is willing to use it as a downpayment but we are unsure...