Ryan Cousins
Investment Property Before Primary
Hi Everyone!
My fiance and I are currently going to go under contract for a new build soon and are very excited. The new build estimated time to completion is 6-8 months (December/January).
My business partners and...
Kristian Peter
CMBS Lender Recommendations... Multifamily
Reaching out to the BP Community to hopefully hear from fellow Multifamily Investors on who they prefer to use for lending on their acquisitions? It's fine if you're a commercial lender and would also like to comment,...
Steven E.
Is my cash flow projection way off?
Hi all -- I'm trying to build out some kind of cash flow projection formula for analyzing properties. I'm looking in Grand Rapids/Holland/Muskegon/Kalamazoo MI.
For simplicity's sake, assume a $100K property renting ...
Bart J. Olson
Question: how to 1031 exchange duplexes in a competitive market.
I have 2 duplexes in Everett, WA. One duplex cash flows $1000 and the other about $700. I bought both as owner occupied. Im thinking I could probably sell both duplexes around $1 mi and net about $250-$300k to rein...
Bill Regan
Pay off Student Loan prior to Mortgage app?
Hi. I've got about $3,000 left to go on my student loan, with a payment of $156/month. I'm going to be applying for an FHA mortgage in July. Only other debt is a car loan of $200/month, credit over 750.Wondering if...
Hunter Purnell
Metrics to meet before quitting 9-5?
My personal goal:1M + Net worth50k/ year in passive income300k in cash for house flipping plus a line of creditThese are my minimum metrics before I would go full-time if I decided to. Just curious what other people's...
David Piqueira
Choosing a State for LLC Incorporation
I have spent a fair amount of time recently trying to figure out which state makes the most sense to form an LLC. People say great things about DE, WY, and NV. Mainly in regards to purported tax or privacy advantages....
Craig Jones
Financing for owner-occupied lodging property
Looking at a unique property which is a 4 bed / 2.5 ba main house, with what is essentially a 5 room motel semi-connected to the main house via a breezeway. Each room has its own exterior entrance from the breezeway....
Steve Sapowsky
Commercial loan with bad credit
Will a bank lend to someone with low credit for a duplex that cash flows? I can come up with the 20% down but that means not paying down my debt and therefore continuing to have credit in the low 600s. Any creative su...
Osvaldo Benavides
Cash out refinance!!
Can I do a cash out refinance while having high debt to income ratio?