Curious about the BRRRR method. For the sake of cash out, the goal would be the highest appraisal possible. But wouldn't a higher appraisal cause higher monthly loan payments which would reduce rental cashflows? This ...
I am curious about what the concensus is when discussing depreciation on a larger 100+ unit multifamily complex with LP investors? If you have a property that is producing $500K in positive cash flow (income after deb...
I have a closing scheduled for 12/31, since the seller is one of the lucky few who will be impacted by the long-term capital gains tax increase for those making over $200K.
I think it will be a pain to close this day...
Hi thereI came across morrisinvest.com the other day after listening to Claytons podcast. The whole idea sounds really reasonable, but I still would like to cover all my bases. Does anyone have any experience with the...
I have a few properties and positive cash flow. I was trying to decide if I should try to 1) focus on paying off one mortgage or 2) spread a little to each loan. I have a long term perspective on them all. I have a ...
Interested to hear your ideas... What are your thoughts on 1 bed/1 bath condos? I have found a deal that I believe is a slam dunk but the single bed/bath makes me a bit hesitant because it's not something I've really...
I'd like to refinance my properties. Is it possible to refinance two properties in two different states, at one time, with the same lender?If so, who? OR does each refinance have to be completed separately? Thanks
Conventional lending has just got even harder on us investors. In an attempt to recover from the huge losses on all the foreclosures (mostly from the rookie speculators betting on the come), lenders have come out with...
Picked up this house in Redford Mi on a bankruptcy deal for $58k. Redford is 15 min west of Detroit. Decent area where homes sell for ARV of around 80-150k depending on size/location. Redford is in the Livonia/Westlan...
I just completed a BRRRR, having invested a total of $150,000. I had estimated that it would appraise for $200,000-$250,000. The appraisal came in really low, ($132,000). In reviewing the appraisal, the comps average ...