Alexandra Berman
BRRRR - financing / loan question
Hello - Newbie here!!!! Looking into doing my first BRRRR transaction and trying to learn as much as possible. I have a question on the FINANCING of the first BRRRR purchase. can someone explain what is the best way t...
Jared W Smith
Coop rental- Sell or Refi?
Hello All- I am learning the ins and out here on BP. I currently own a coop here in NY which is now rented out. It pretty much just pays for itself, not much cash flow. Purchased for $90k, owe $67k. Currently no PMI. ...
Jacob Glover
Seasoning Period (New Construction)
Hi all!My fiancé and I are going to be building our first rental property this spring. We are financing the build with a Heloc, once finished we’d like to cash-out refinance ASAP to payoff our line of credit. We purch...
Kenisha B.
Is cashflow possible in a new duplex in greater Houston?
Howdy BP Fam!
I'm looking to owner occupy a duplex in Houston (would prefer a 4plex but I can't find any turn key properties in my price range). That said, I've decided that a "turn key" property would be my best bet...
Ben Cooper
Are we taking on too much risk???
We are looking for input immediately- our loan is set to be confirmed by 5pm ET today! My wife and I have a 3 family in Boston under contract set to close on Monday. We will be living in one of the units, we are using...
Manish Sharma
Not able to buy SFR in Indianapolis
I have put in offers on 15 houses in the last couple of weeks and not able to close a deal on even one. Is there a tip and trick people can share to get an offer accepted? For starters, I am an investor from Seattle, ...
Levi K.
HELOC refinance
Hello All,
It is great feeling to join this forum.
Here is my situation and my questions:
Situation :
1) I bought an investment property (condo-1bd/1bt) using HELOC (prime + 1.25%) out of my re...
Adam Craig
Buying small office building with essentially no cash flow.
I am looking to buy my first commercial building. The plan is to use a very small portion of the building for my new office and rent the rest which could be broken up into 3-6 units or more. Here are details...4862 Sq...
Aileen Ouyang
Would love some advice on next steps
Hi all,This is my first post on the BP forum and would love to get some advice here. Thank you for engaging!I own a condo in Apple Valley, MN that is currently a long-term rental property. Currently evaluated at 300k....
Rick L.
The Tale of Two Appraisals 548k vs 450k
In August I attempted to refinance my mortgage on my fourplex and as a result had to get an appraisal performed. The appraiser came took measurements of the building, verified sq. footage, took pictures, and inspe...