COVID made traditional financing and refinancing difficult - many banks now no longer do cashout refi for an investment property that are multi-family, many require much larger equity to be left in the property (25-30...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $370,000
This is a property I am living in and renovating, getting small rental income as I live here. After renovation...
Hi everyone,Been listening to the BP podcasts and reading the blog but this is my first post! I'm trying to break into real estate investing and am looking to do my first deal. I live in the SF Bay Area, where propert...
Hey Folks,Wondering when Cash on Cash Return and IRR should be evaluated on a BRRR deal? Would you do it at the point of initiation - when you first purchase property- or the money you have in( if you do have money in...
New here. The property is in Northern California - after inspections it was determined that a rehab loan is needed. $600k for property plus $150k estimate for rehab.
203k doesn't apply - what does? Private only?
Wh...
Hi all. My name is Carl Gorson. I have been a member of BP for a few weeks now, though I have been crushing podcasts on you tube at 3 or 4 a day, for about a month and a half, as well as watching webinars. I am 54 yea...
Help me BP, I'm an investor in MA and I currently have a lead on a seller financing opportunity in my area. This will be my first time putting together a deal like this and I'm unsure where to start. Great news is the...
I have a single family rental property that has been rented for two years. I've done the normal long term depreciation of the property.My question: Can I do a cost segregation even though in previous years I've taken ...
Hi there I have primary residence that I would like to access its equity to begin my first RE investment. I have came across HELOCs and HELoans but not sure which would benefit me best? I am leaning towards the BRRRR ...
I have a duplex that I purchased with 100k Personal lines of credit (great rates) BRRRR method. All my money is tied up. Now, If i season 6mos, at 75% refi and reasonable closing cost with a traditional loan, I will...