Hello Everyone,
I’m new to the real estate game. For the last few months I’ve been trying to find the best sources to learn from such as different books, articles, classes, and communities to learn from and network w...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $176,228
Cash invested: $65,000
BRRRR project with appreciation focus.
Bought Dec 2020. $65k in renovations includ...
First property I bought was an undervalued house hack double.
Purchased for 70k with an 80 conventional loan.
ARV 160k
I then took an 80k HELOC.
Next I bought a single fam to move into using another conventional m...
Essentially is as follows:New Lease Fee (one month’s rent) + Expected Missed Rent + “Refresh” Cash(Refresh Cash = the amount out of pocket to prepare the property for new tenants, after tenant deposit is spent)It look...
Hi All, Long time listener, first time poster. We are working with the commercial arm of our local bank as we are looking to purchase our first investment property. We have cash saved up for a downpayment, but we al...
Property#1 purchased cash then cash out as owner occupant refinanced to buy property #2
Rented property fully then move to free and clear property #2
Im going to fully rent property #2 but want to do another cash o...
Hey BPland,I just heard on a podcast from a couple of months ago that Fannie has a new rule that individual properties held in an LLC must not only be put in the name(s) of the borrower(s) to close on the loan, but th...
Hi all, Would appreciate any advice as I’m relatively new to REI. I have two properties now, each with about 200k in equity. One is cash flow positive one is not. I’m thinking about a cash out refinancing on the prop...
Hi BPers,I joined the BP community a few months ago and have been reading Books, the forums, catching up on the podcasts and familiarizing myself with all BP has to offer. I probably shouldn't have taken this long to ...
I currently have a moderately profitable 3 bed/2 bath long term SFR that I plan on converting to an STR or an MTR... most likely an MTR as this is right next to a major hospital system with a lot of travel nursing dem...