Ace Kaspar
BRRR vs Conventional
Hi Everyone!I have been someone who has actively used the conventional method to buy my real estate investment properties for long term rentals. Now I am looking at converting one of them to a short term rental and th...
Mark Monroe
Create Investing Question
Love to hear some opinions on structuring the deal. $217,000 ARV$15-$20k rehab. Main issue roof, un-permitted apartment in the back, convert back to room of house. $158,000 current offer from investor. Giving seller 2...
Ezra Shami
What to do about closing costs?
Hi everyone, this is just a general question that Id like input from people who have done this plenty of times. What should I do in regards to closing costs? I dont really understand them or how to pay them. When the ...
Jay Hinrichs
BP community let me know if you think this is a legit lender
I got this in my inbox on BP would you respond to this and think this could be what your looking for in a private lender.???Hello,Have you been searching for a legitimate loan from a private lender with no success?Se...
Ray Loveless
My Painter wants half down. What's the best way to cover my self?
I'm doing a small flip on a house 2 hours away in Utah. A fellow BP member gave me a referral of another flipper in the area. I called him about contractor suggestions and he mentioned that his son does painting and o...
Account Closed
Proof Of Funds
I need proof of funds for one of these properties I have. How do most of you guys deal with a seller asking for proof of funds? I hear most use a hard money lender. Any recommendations?
Matthew Metros
Cash-Out Refi vs. Delayed Financing: What is the difference
I am writing out my financing strategy as posted below. I am trying to understand the fundamental difference between Cash-Out Refi and Delayed Financing in Multifamily. I cannot seem to wrap my head around this!
Be...
Akshay Saxena
Which renter should I choose?
First-time renting my home. We have two possible applicants. Help me think through the pros and cons to determine whom I should rent to:
Candidate 1: Single recently divorced person with a 65 lbs pitbull. Getting $45...
William Craft
House Hack or Buy an investment property?
I am a new Investor who wants to make the right choice in my first investment move and I have two options that have me torn. I am either thinking about selling my current home that has about $60K of equity in it and m...
Joshua D.
All Rent up front?
I had a showing yesterday and the perspective tenant offered to pay all 6 months up front he "really needed somewhere to live".
However he turned in his app with no past landlords for reference. Said he has l...