Chris Webb
Cash out refi on my primary?
I have 130k in equity in my primary residence at 4%. I believe if I do a cash out refi I could get a slightly lower rate and pull out 65k. I am confident I can get that cash to return at at least 8% and probably highe...
Paul Juell
Low income small apartments...
I am looking to acquire a small (12-20 units) apartment building. Most of what I’m seeing with a good CAP rate and potential seller financing are in lower income areas.
Does anyone have any advice? Am I looking at a ...
David Sugiyama
Negative Cash Flow on 7 Unit Property
Looking at my first property larger than 4 units, but finding it very difficult to cashflow with a commercial mortgage set-up. Especially the smaller 5-10 unit properties. I am currently looking at a 7 unit property...
James Stoughton
Just closed on my first deal- 4 plex
Like the title says, I closed on a 4 unit apartment building in Bangor, Maine! It took about a month longer than anticipated because the seller was just a mess. The asking price was $116,000 and we closed on $100,...
Anthony Simboli
Non Conventional BRRRR with Subdividing Potential
Hey BP - looking for anyone to share personal experiences about purchasing a BRRRR property with 20+ (or many) acres of land. I have no experience subdividing land so that's mainly what I'm trying to learn here. A bri...
Chris Puglisi
Help!
I have been reading and learning over the past year and my goal for 2015 is to make my purchase. This past week I found a deal that I am really excited about. A motivated seller for a home that needs mostly cosmetic...
James Samsing
Energy Efficient Mortgages
Has anyone worked with a lender who has actually closed an FHA, VA or Conventional Energy Efficient Mortgage? Interested in flipping a home that would qualify based on HERS rating + energy savings and would like to pa...
Johannes Ariens
SEATTLE NEWBIE FIRST DEAL ADVICE PLEASE!!
Hey everybody,I am working on my first deal to begin my true real estate investment journey. The area I am looking at is in a relatively depressed area that is likely headed towards an upswing here in Washington Stat...
Houston Hunt
Land Investing - In the weeds steps from buying to closing
Hi all, first post to BP! I am getting into tax delinquent land investing with seller financing but am intimidated by the granular steps and paperwork from issuing an offer through selling and closing. I plan to hire ...
John Alosio
Double-down or Jump-ship
Hello BP community,
Rookie Investor here with a question/situation:
I Began my investment strategy 3 years ago with the goal of cash flow, buy and hold. Mind you that I knew nothing about REI. I was just stumbling i...