Allan Yeung
DSCR vs Cash Out Refi
For BRRR, after a property is renovated, they can approach a lender to do a cash out refi. Does the lender evaluate based on ARV? or Purchase Price + Repair cost only? Also is there any restriction like time period (a...
Joshua Dorkin
Feedback on the BiggerPockets REI Summit 2012 Audio Recordings
As many of you know, about a month and a half ago, we released the audio recordings of the 2012 BiggerPockets Real Estate Investing Summit -- chock filled with close to 25 hours of incredible audio for only $125.
I w...
Pierre Eade
DSCR Lenders or HELOC on Investment
Hey Community! I have a SFH in my portfolio that has a good deal of equity and only a HELOC (TD BANK) on it for 10.24%. TD was not interested in doing a new HELOC because my portfolio is too big for their lending req...
Omar Doyle
DSCR Loan insight
Does anyone have any information on DSCR loan, they can sure, It would be greatly appreciated.... Thanks!
Zachary Engen
Using heloc for brrr and renovations
Ive read a few things about onlying being able to cash out refinance 75% or the purchase +closing costs, whichever is lower. I plan to purchase a distressed property amd do the renovations with my heloc. Once I'm fini...
Laurens Van swol
DSCR Loan for Florida investment
We are exploring the possibility of purchasing an investment property in Florida. As U.S. citizens residing in Europe, we are required by the local tax code to hold the property in our personal name. However, our rese...
Jared Ryan
Step Two of Real Estate Investing
Quick introduction: I'm coming off my first investment, a deal where I'm househacking a 4 bedroom, 2.5 bathroom townhome in San Jose, CA. I purchased for $715,000, live in the master, and rent out the other 3 bedrooms...
Kathleen McDowell
What are the Pros/Cons of installing Elec Car Charger in an STR?
Hi BP Community - I have a STR in Lake Tahoe and feel the demographic of the area indicates guests from surrounding San Fran area would filter properties and search for those with an Elec Charging. 1. Have people foun...
Mark Ferguson
I bought a Lamborghini!
This has been a goal of mine for a while. On fathers day I took shipment of a 1999 Lamborghini Diablo. It is more awesome that I thought it would be!The full story is here including what I paid for it. http://inves...
Jamie Brayton
Unloading off market leads-- do I really want to wholesale? (NY)
We have the good fortune of too much off market deal flow and not enough time to tackle all of the projects we wish we could. We hate to just toss these leads, but we don't have a system to offload them. Furthermore, ...