Justin Metz
Didn't Pull the trigger - Fear of "Corona Economy"
We looked at an REO earlier this week. My fiancé and I previewed the property determined it needed light rehab, flooring and paint, ran the numbers, and they worked for us. It would cash flow but we ultimately decide...
Daniel Guerra
Building department (Hobart, Indiana) closed, can't pull permits
I'm currently working on a rehab in the city of Hobart, Indiana. The building department closed down due to the Corona virus and are not issuing permits. I do have the building code official's number on speed dial how...
Wayne Yates
Should I pull the trigger on this deal?
2008 mobile homeSingle-wide3 bed, 2 bathShape: 8/10Tenant occupied. Been there since October 2015.---------------------------Current rent: $500/moLot rent: $150/mo
Charley C.
How can we pull applicants credit in-house.
Can anyone tell me a good place to find the proper vendor to set us up with pulling credit ourselves?Currently I use a third party service where the applicant goes online with their own PC after they get home. I have ...
Jacob D Adamczak
How To pull comps for a small multifamily
I am looking to house hack a duplex or triplex and was sent a property to evaluate to see if I was interested. It is a duplex in a neighborhood of primarily single family homes. For this reason, it had more bedrooms...
Chris Chase
Advice on pulling from 401k to start investing.
Does anyone have thoughts on pulling funds from 401k to start investing? After being on BP for a few weeks now im ready to start investing. I dont have enough reserves for a down payment. Any advise would ne greatly a...
Jeremy Fields
Pulling equity out of free and clear rental
I own a rental with zero debt on it and want to pull out the equity to invest in more properties. A refi would work, however I'd prefer not to start monthly payments without knowing how soon I'll find the next deal. B...
Lenna Groudan
Cash Purchases - Questions on refinancing (Pulling out Equity)
Hi, we are working on our "buy and hold" business plan and came up with a couple of questions related doing cash buys of residential properties followed by refinancing to pull equity out.We are planning to build a por...
Mike Lane
I am looking to pull a second LOC
Hello BP!I am purchasing properties that I try to BRRRR out of as much as possible. I have a HELOC out on my personal residence. I am looking to pull a LOC whether private or business so I have a little extra. Does an...
Brad Crumpton
Lender pulling a stunt at the last minute
A week away from closing on our first rental house. $79,500 purchase price, 15% down, $67575 loan, and lender is charging an origination fee of $1400 for 30 years fixed at 5% - wife and I are both around 800 credit s...