Anthony Barbato
Is it possible to buy a cash flow property in the Bay Area?
Hello,I am planning on buying a 4plex property in the Bay Area using the 3.5% FHA loan on Jan 30th 2020. When I look for cash flowing properties, however, none of them have enough rent income to cover the debt service...
Eric P.
BRRRR ("fix and rent") in Omaha area
I'm curious if BRRRR ("fix & rent") works in the Omaha metro area. Essentially, the ability to have your purchase price + rehab costs <70% of the ARV, so after you rehab you can find tenants & then refinanc...
Oscar Simpson
Deal with wholesaler went south - can I approach the seller?
I found a deal through a wholesaler for a 4-plex, but I wanted to use traditional financing to make it work. We kind of structured a deal where I would essentially hire him to put together a new contract with the sell...
Burt L.
What is DSCR Lender Really Looking For On My Bank Statements?
In seeking a DSCR cash-out loan, I've learned that lenders want to see bank statements. I had thought DSCR's were only property based, but lenders I've just begun to contact are saying I need to provide bank statement...
Stacy Tring
Investing in someone's primary residence
Cousin A currently lives in one half of their primary residence and rents out the other half.Cousin B has a rental property they want to get rid of by doing a 1031 exchange.If Cousin B buys 50% of Cousin A's house as ...
Jennifer A Finn Sutton
What Fees Come Out of Profit Made from and all cash offer?
What fees come out of the profit from an all cash offer? I.E. closing cost, etc. Is there a general percentage people use or another formula for this question? We're talking specifically in the Omaha, NE area.
Daniel Elijah Richardson
Any easy ways to find cash buyers???
Hey BP, I was wondering has anyone found any slick ways to find cash buyers?
Cooper Reece
Cash-Out Refi Duplex LTV above 70%?
Hello,I just bought a duplex all cash. I'm currently financing it (considered a cash-out refi even though I don't already have a loan), but will want to cash-out refi again after I can fix it up, bump rents, and creat...
Kyle Kelley
Cash reserves or pay down LOC?
What is your take on maintaining strictly "cash reserves" to cover any repairs versus using a LOC and then paying it down? I ask because I am contemplating whether or not I should continue building cash reserves while...
Amit O.
Turnkey Solutions - "Can you do it with Rehabs only?"
I get a lot of questions about what turn-key actually is and what are the pros and cons to go with it? Well, what "turnkey" by meaning is this: built, supplied, or installed complete and ready to operateSo you will s...