Lynne MacFarlane
BRRRR - Conventional loan vs. Commercial for multiple duplex(es)
Hi BP Folks,I am in the process of purchasing our first investment property (thankful for this community/podcast!). We will borrow 70K for duplex + 20K renovations. I have been pre-qualified for both conventional and ...
Steven Haskins
Options other than gut rehab or just sell
I own a condo which I have a mortgage and a 2-family rental property which I have a mortgage. I live in the condo and do not want to sell. The 2-family property needs a serious rehab and not rented. It is in a desirab...
Randall Prosise
How Much Insurance to Carry For a 4-plex Unit?
I am purchasing MF for the first time, after only buying SF condos. I am shopping insurance for the two 4-plex units that are basically together as one 8 unit complex. The building is in Arizona, and consists of con...
Luke Boff
Purchasing with cash to immediately sell
Good day everyone. I wanted to post this situation and get some other investors opinion. I am currently a real estate agent working with a client of mine to purchase a property. She is pre approved but does not have a...
Dillon Hamman
First Investment Property Broken Into
Hello Everyone,I purchased my first investment property 2 weeks ago and it was unfortunately broken into over the weekend. The thief stole all the tools in the house, some were mine and others belonged to my contracto...
Julian Perez
Moving to Sarasota County
So I have been looking at homes in Sarasota County for the last few months. For what we are looking for I have come across some New Construction homes in North Port, FL that have 4/2, garage, are over 2,000 sq ft and ...
Account Closed
Insurance Deductible
What percentage rate of insurance deductible do most of you use. I am currently using 1% deductible and considering using 2% or 3% percent instead.
Vito DelCore
Lending money to a builder
I have a good relationship with my realtor who has been very successful and I am looking to learn from him. He presented me with the opportunity to possibly lend money to a home builder as they develop a community. Ex...
Marshall Drum
How to finance uninsured repair? And whether to enhance while repairing?
Situation: I own an investment property townhome (not primary residence) that I still owe ~$195k on 30 year mortgage at 3.3% rate that originated at $230k back in 2020. The townhome has appreciated in value to about $...
Charles Heuer
Phoenix, AZ region viable for house hacking?
I currently live in Philadelphia, PA and my goal within the next 2-3 years is to relocate to Phoenix, AZ. I am interested in achieving some level of financial independence with "house hacking," which seems entirely do...