Robert Crossman
Cash out refi or refi and lower payment?
I have 1 rental property in Kentucky. The rent is currently 1150 a month giving us 1020 after property management fees. The rent is going up next week to 1250 but we have a few repairs needed. Some flooring work and b...
Sean Mark
Take a lower % ARV for better cash flow?
Hello,
I have a property that I am currently renting out. I am considering using the BRRRR method for the first time. I am currently analyzing properties and I wondered if anyone had advise on the following:
The b...
Kenny Simpson
Think twice before waiting for lower home prices
As the housing market continues to change, you may be wondering where it’ll go from here. One factor you’re probably thinking about is home prices, which have come down a bit since they peaked last June. And you’ve li...
Eric Noble
How to sell a house despite lower comps
I'm planning to liquidate my rentals and my personal residence - move to AZ. I'm looking for creative options/agent support for my personal residence as it does not align well with the comps of my area. Thanks
Gregory Morris
Lowering debt to income ratio for future loans
Hey friends, I am working on my first investment deal and can't wait to get onto my second! I am going to rent out my current condo and fix and flip my new spot with my girlfriend. I was able to use an FHA loan which ...
Chad Dougherty
First Sub-To flip in the lower valley
Investment Info:
Single-family residence fix & flip investment in El Paso.
Purchase price: $77,000
Cash invested: $5,000
First Sub-To flip in the lower valley. ARV 130k
Norberto Murillo Jr
Cash-Out Refi or Refi to Lower Payment
I have 3 properties (CA & NC). Should I refi and get extra cash immediately or should I refinance and lower my payment to build better cash flow?
CA House 1 rents for $2,310 my mortgage is $1,362 @ 6% ARM. PM t...
Dannielle Givens
Are you lowering your rents for new tenants?
Hey BP Chicago Fam, I recently read this article on redfin and wanted to get feedback from those more experienced than myself. The article basically states that asking rental prices have seen a decrease and areas such...
John Vanhara
Industrial development questions - how to lower the cost
Building cost went up significantly. Building an industrial warehouse was $100 psf few years ago. Now it is almost double. Any advice how to lower the cost? Manage the project myself? How to proceed? I have time and d...
Eric Brauer
Credit Union, Smaller Banks - lower cash to close?
Hello BP community,I purchased my primary residence in 2022, which I'm house hacking. I'm looking to purchase additional 'buy and hold' investment properties this year. Does anyone have experience with using a credi...