Julia Beresfoes
Investment Refinance Help
I have owned a duplex for 11 years in the Virgin Islands. The interest rate is 4.48 and I owe $155k but it appraises around $230k. I have been told by the banks that current investment property loan APRs are higher ...
Sarimar Hernandez
Refinancing to buy another rental property
I purchased a home last year that I rent and I would like to refinance it to purchase another investment property. The interest rate is currently 3.75 and will increase to 3.875 with the refi. My cash flow will be red...
Andrew B.
Making an offer
Well I want to take one more step and am interested in making a few offers on some local properties. I'm pretty sure they wont get accepted but I still need to get the experience obviously.
Do I need to write up my ...
Ceasar Rosas
Turnkey Rental Process
Hey BP members!I am looking for some advice on Turnkey Rentals. I have 2 single family rentals and 1 fix and flip that we currently have on the market. I have been considering more and more to possibly take the leap a...
Edmund Fontana
What’s the recommendation if you have an S Corp
What are people recommending if you have an S Corp to minimize tax burden and continue to invest in real-estate. SEP IRARoth IRA401KSelf directed IRA / 401k
Aidan Birmingham
New investor interested in Milwaukee area
Hello,My name is Aidan and I am interested in investing in real estate in the Milwaukee area. I researched different strategies for creating passive income and would like to learn more from some more experienced inves...
Donna Rishel
Why the New Rule on Ability to Repay Can Help the Manufactured Housing Industry
The Ability to Repay Rule issued by the CFPB caps the maximum ratio at 43%.
Given that in most parts of the country it costs $75-$85 per square foot to build a site built SFR (sans land) a 1,200 square foot h...
Steve Fitzgerald
Operating Expenses vs Journal Entry
This might not be the right forum, but I thought I'd give it a try. I'm keeping my own books for now. For those of you who are keeping your own books do you typically count your principal, interest, and escrow as oper...
Aaron Howard
How much and how often do you use hard money lenders?
1. If i have cash available, should i use as much of my own cash as possible to keep carrying costs down in a deal or should i use their cash to reduce my risk of losing my own?
2. Their are plenty of Hard Money lend...
Yonna Wu
Looking for flooring contractor
Any recommendations on flooring contractor in Central New Jersey? Our first contractor screwed up the flooring, he did not handle the sound prevention so now the neighbor underneath is complaining the noise from our f...