I'm doing a cash out refi and the bank is asking me, "what am I doing with the funds', what is the right/wrong answer to this question?Obviously, they have never heard of BRRRR method. thanks in advance for any insight.

I currently manage 8 rental properties in Grand Rapids, MI and all of my tenants habitually pay on time except one. I've had her as a tenant for 9 months now and she has only paid on time twice. Her credit wasn't terr...

Dear BP members - My house is closing in one week but the Seller-paid contractor renovation possibly won't finish by the closing date. What should I do? The RE agent said that "we could close(change heating units) and...

Hello All,First Post on BP!I am looking to start my real estate investment journey via out of state investing. As I narrow down the market(s) I want to focus on, I keep wondering what process/tools do other out of sta...

Hey BP,Im about to close on a 4-plex in NE Minneapolis (my first investment property) and I was wondering what people in the area do to collect rents.  Even though I'll be living on the property and they technically c...

Hi,

So I’m purchasing a single family dwelling currently 1850sf with a basement. It will be converted to a triplex the basement and fIrst floor one unit and 2 additional units above and will end up approximately 210...

I just joined BP. I'm living in Poulsbo, WA. Like many people I hear in the BP podcast and other real estate podcasts for that matter, I was introduced to the idea of real estate through "Rich Dad, Poor Dad." So I too...

I've copied a facebook conversation below. This is the only renter or TB that I am friends with on FB - I normally don't do that. But, with this one it has given me some insight into their spending habits. The back...