Carlos Julio
Cash out and refinance rental under llc
Hey BP forum, I need your advise here. I bought a rental sales price Jan 2022 $80K cash under a corporation with a partner with the idea of cash out and refinance and use the money for downpayment for the next one. Th...
Michael S.
First post - modeling in Excel, cash on cash return always low...
Hi all. This is my first post here on BP. I've been interested in getting into investing in rental properties for a long time but have never taken concrete steps to do so. I've started to get that itch again and am...
Mark Ross
How To Calculate Rental Property with Cash Out Refi?
I have my first rental property I purchased in November 2021. I fixed the property up and was able to get the highest rent in the entire building at $1375 a month. I purchased the property for $135k cash, however now ...
Shuvrajit Mukherjee
Financing rehab for house hack
I aim to find a fixer upper quad/triplex in Chicago area, renovate and house hack, then cash-out in 6-9 months.But when financing my other rehab or cash-out projects, I have seen the lender requires the property to be...
Amadeus Hladun
BRRRR Refinance Step Help
Good Morning Everyone, I have been putting this off for a little bit because honestly I am kind of embarrassed but I realize that to learn I need to actually ask the questions that I need answers to so here it goes.fo...
Lisa Cary
Need help analyzing this, please.
I refinanced House A to get $$ to buy House B. Total Loan amount was $375K, I owed $88K on House A and now have $287K to buy House B. Since House A is covering the entire new mortgage payment should I exclude any mo...
Daniel Lao
Lendering / refinancing on all cash deal
Hi BP!I am looking at an all cash deal on a property out in the Mid West. I had some questions on some of the timing that is involved with an all cash deal. This property is about ~130K. Im familiar with the LTV ratio...
Richard Huizar
Cross Collateral Rehab Deal Macon Georgia
Investment Info:
Single-family residence private money loan investment in Macon.
Cash invested: $60,000
Borrower purchased two SFR that were in need of rehab for cash. T&M used both properties as c...
Paul Kubin
Refinance: cash out vs buying equity
I was just daydreaming about refinancing (aren't we all?) and I wondered if there was a "buy equity" instead of "cash out" option during a refinance. If not, I suppose you could cash out and then use the cash to pay ...
Steven Barnhill
Duplex and the 2% rule
I have found a duplex that seems to fit the 2% (rent * 50) rule but the actual profit doesn't seem worth the effort.
Asking Price $35K
Total Rent: $750/month
Expenses per year
Taxes: $923
Insurance: $1200 (estimated...