can someone please explain to me how the refinance part works? So when you find a bank to refinance your original loan, how will you pay back your new loan? That part makes no sense to me. Please can someone explain t...
Hi BP friends!We have a family (2 parents + 1 kid) who are renting from one of our SFRs. Their lease is currently expected to end in mid-May but they are also building a house (we knew this coming into the lease) whi...
Hoping to get some thoughts on landlord vs. renter paying utilities. I plan on not including utilities in rent, but want to get different perspectives on the topic. Thanks!
Hi friends, is there anyone who rent their property by room to get a positive cash flow? What’s the process and where do you list?
Greetings all,
I’m considering a home renovation loan to convert my garage into an Accessory Dwelling Unit (ADU). The loan will change my current interest rate, so I want to make sure that the return is worth doing ...
I'm at a crossroads and need some advice from those with experience in real estate. I'm trying to decide between building an Accessory Dwelling Unit (ADU) on my existing property (secured permit) and investing in a re...
Have been doing research and I know actual rent here is higher than the average data that is showing. Have a 5 bedroom house, plus huge bonus room that can be 6th bedroom, with 4 car garage and 3000 sq ft home. We jus...
Looking for input on this deal. This will be my first 5-family. I have a couple triplexes and a quad.Here is the infoPrice is 370000. Owner wants 25% down @ 6% for 20 years with a 7 year balloon.I have only done co...
Hi!I'm a first time investor looking to buy out of state for cash flow. I recently started looking into Cape Coral market because there's a lot of new development with a decent median rent price. The population has al...
Good evening
I have a question for anyone who can help me. I purchased property 11 years ago and the owner financed the loan for me. The owner has an LLC that he uses because it is a business for him to sell property...