Ryan Z.
Reworking debt stack on 3 properties
Hi BP! I have a bit of pickle I've been thinking over and wanted to know if anyone out there could kindly offer some guidance..I have 3 properties as detailed below.. My short-term debt has me feeling a bit uneasy. ...
Fred Ramos
Commercial Financing (Apts)
Hi All!
I just need to run this by you guys/gals and see what you all think.
just a little background on myself and wife first to better illustrate the picture. we started investing in RE (SFR) just over a year and a...
Yash Ranadive
Refi out of Hard Money Loan
I'm rehabbing a property that I bought in Mesquite using Hard Money. The property will finish rehab Apr 17. Now, I want to refinance out of that property using a lender/bank. I'm working with a bank who will refi it b...
Account Closed
Any recommendations for Private Lender in Rhode Island?
Hey BP! Any private money lender you would recommend that services RI? TIA : )
Erik Stewart
My first BRRRR property!
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $105,000
Cash invested: $55,000
My first attempt at a BRRRR. It is in a neighborhood where the high home prices don...
AJ Shepard
Has anyone used forbearance?
From my understanding there is a lot of subjectivity in how forbearance is offered in practice and up to the servicer of the loan. I just wanted to see if there was anyone out there that has used this during the pand...
Account Closed
Just got preapprove now i need to know how to do the BRRR in nj
Hello, i just got per-approve by quicken loans for a mortgage but i want to implement the BRRR in nj so i need to know how i can use the 203k loan to do so and which banks to go to and how to do the process in a way i...
Brian K Morton
Advice on a hard money loan deal
Dear Wise Investors
I am currently looking to get a hard money loan on a SFH that I plan to rent out in Missouri.
ARV: $85,000, Purchase price: $58,000, Down payment: $8,700, Loan amount : $49,300, Cash flow: $2...
Shanaya Harris
Convert 1st primary home into a rental property or sell it
Hello! I’m new to the real estate investing game in the Charlotte area and I could benefit from having advice from more seasoned investors. I bought my first condo as a primary home 9 years ago for 109k with the goal ...
Julio Gonzalez
Office Building Cost Segregation Study Example
Without a Cost Segregation Study, this $900,000 Office Building in Kalamazoo, Michigan purchased in 2021 would have generated first-year depreciation of approximately $23,000 By applying a Cost Segregation Study, th...