Kathy Lowery
How to "Refinance" in the BRRR strategy in less than 6 months!!!
My lender states I need to show rental income on my taxes before I can refinance my investment property. Since I purchased it in December it won't show until next year. How do I get around this? I hear investors say ...
Josh L.
How do you know if your SFH is Class A, B, or C?
I need to update my place when the tenant moves out, but I'm not sure to what degree I need to upgrade it as that will depend on what Class it belongs to. But, I'm not sure how to identify what class my property would...
Bobbi Martinez
Mission Statement
Hello!I'm quite new to BP and to real estate investing. I've not purchased my own first home, let alone an investment property. However, my goal is to learn all I can as I prepare to purchase my first property withi...
Sean Bryant
Possible First Deal
After some searching I think I found I found a possible deal for a buy and hold property, my analysis is below
Financing
80.00%
Purchase Price
...
Michelle Sharko
Home equity loan
I’m looking to get a HELOC on my second home which I’ve only used for a few rentals, it’s basically our vacation home.
It’s in a trust there’s no mortgage value $650-$700 wanted to take out $150,000 for renovation a...
Ruan Joubert
Partnering to get a mortgage
Looking to buy my first STR, I have private money to fund the down payment. But my w2 doesn't qualify me for a mortgage on this property.Different options are available - such as partnrship with private lender where h...
Jonathan Sher
Senior housing?? Great opportunity or too much risk?
Hello all,I recently came across (2) 8 family units in a nice part of town that is an age 55 and up apartment complex. It is not assisted living, but apartments for older tenants. The owner has of course praised how t...
Vincent Carroll
Security deposit and cigarette odor/violation of nonsmoking
Greetings,My wife and I just got rid of our first (inherited) tenants, thankfully (we did a non-renewal of their month-to-month lease). However, they were on a nonsmoking lease (with the prior owner as well as the new...
Jorge Esteban Vargas
Buying Property under LLC or Partnership?
I created an LLC for all my real estate affairs. Lately, I’ve been thinking about purchasing a new investment property with a friend of mine. However, we had no time to properly create a Limited Partnership because we...
Kyle Doney
Why Are Foreigners Investing In The US?
Why are foreigners investing their money in the US vs their respective countries? Do they not get as good of returns, tax incentives, or what is motivating this?