Simon Obas
Pulling permits for a flip
Peace. Flipping a home and will be doing a full home renovation + adding central air and heating. I am knocking out one wall to expand the kitchen.....How important is it for the contractor to pull permits? I hear the...
Jeremy Rotert
Software packages for analyzing/wholesaling packets
Is anyone familiar with "Flipper's and Rehabber's Cash Flow Analyzer" software?
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 ...
Joe M.
What am I doing wrong? Cash out refi
Hi BPIve never done a cash out refi before, so not sure exactly the process or how to make it work. I get the concepts of it. It seems easy enough. I just got done talking to my bank and a bit surprised at what they...
David Ten
High DTI Home Equity Access
Hello Hello,I need to access My Equity But my DTI is High, this some information :- My Equity is about 240K- My Mortgage Payment = $ 1750/Month ( include everything ( PITI ))- My W2 = $4700/month- My Credit Score 690 ...
William Howley
Should I pull permit for new roof? additional stipulations apply-
Hi, I recently bought a triplex in Florida that was built in 1920. If anyone here knows real estate in FL 1920 is super old and there is obviously a ton of damage to the property. It needs a new roof, this is my first...
Wilson Vanhook
Is This Creative 0 Down Payment Strategy Possible?
Help me figure out if this scenario I thought up has potential to work or not.First Leg:Purchase Price: $500kDown Payment: $100kClosing Costs: $20kLet's say I want to purchase a short term rental at the price point of...