Cody Scholberg
The BRRRR Book's Strategy - Only Good in Theory??
I just got this BRRRR book, and it sounds like an awesome strategy on paper, but…. every time I’ve gone to a bank to refinance a rental – even one we owned outright and bought with cash, they have said that they will ...
David Rogers
Cleveland Comtesting Property Values
I contested the value of 2 of my properties this last year and won both reviews. The county adjusted the value of each house to my purchase price but neither mortgage has adjusted their escrow to reflect the change. B...
Craig Jones
Pricelabs Custom Seasonal Profiles
Anyone here have experience with these? Pricelabs docs say they might be especially useful when 1) you are in a heavily seasonal area and have a higher-end portfolio and / or 2) have luxury properties with very small...
Andrew Feil
Commercial vs. Conventional financing
Hey BP,
I would like your opinion on my financing options on a 4 unit property that is fully rented. I was originally planning to buy with a conventional 30yr mortgage, but then found out that I cannot use th...
Briana Lockman
Best way to extract equity
I currently own a fully paid off SFR that I am looking to take 70-80% of the equity out of to put as a down payment on a new property. Since there is no mortgage, is a cash out refinance better than a HELOC? A fixed r...
Matt Luzik
Heloc-just starting out!
Hey guys! New to Bp....but definitely just starting and learning as much as I can and following a lot of people...wanting to know if buying a property with your existing residential line of credit is too risky or shou...
Andrew Popa
Non-conventional loan in Arizona
I have a rental in AZ, valued at 230k and want to refi out ~80% to reinvest. Anyone know any lenders in Arizona that could help with this? Would prefer a non-conventional, or stated income, for someone with excellen...
Pasha Gorky
Best way to finance a new purchase
I am looking to purchase a 2nd rental property. My 1st rental is fully paid off and is occupied. I also have enough equity in my primary home to cover the purchase. Should I do a cash out refinance on paid-off rental,...
Jennifer Moore
Commercial loan vs Mortgage for purchase of investment properties
I am still somewhat of a newbie. I have flipped a house and I have bought a rental. I’ve done both of those with cash. Now I only have enough cash for a downpayment, but have a partner with a great balance sheet. I c...
Stacy Gervais
creative investing, sometimes just thinking outside the box can be beneficial!
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $137,000
Cash invested: $26,000
We bought this house completely renovated & lived here for a bit over 2 years. ...