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Due to unforeseen circumstances I’m having to put $120,000 in repairs into a newly purchased Duplex. I don’t have this much cash. I have a SFH owned outright that should come in valued around $240,000. Would it be bes...
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Hi everyone, I am looking to purchase my first STR and did some research in the Smokey Mountains area on Airbnb. When I was looking at occupancy rates on Airbnb for a few random listings most of them only had 5-7 nigh...
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We own 5 properties in Mesa, AZ that have now appreciated so significantly, we'd like to tap into the equity. A refinance is not really of interest as the current mortgage loan rates are 30-year fixed and well below c...
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I own a handful of rental properties that have appreciated nicely over the last 4 years. 3 of them are owned free & clear. I'm looking to get a line of credit against the sum of the equity on the properties to use...
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Hello BP,I am a new investor looking to learn about good criteria that I can use to find motivated multi family deals when generating lists from List Source or other similar services. I have been experimenting with Li...
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Looking for someone to tell me “yes, that should work” or “no, bad idea and here’s why”:My husband and I have been wanting to get into real estate, and are now ready to start moving forward. We’ve built up some equity...
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I asked a broker to quote a refi for one of my properties both as a rental and as a primary, to see what gives. The only difference was the interest rate on the rental was 62.5bps higher. I was anticipating a higher r...
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So I follow the news and listen to the BP podcasts and the signs are clearly flashing danger for MF syndications - high interest rates and short-term debt coming due, constrained bank lending, slowdown in rent increas...
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Hi everyone, this is officially my first ever post on BP. Like the subject says I want to know what is the average duration of time it takes to have a home sold if priced right. And since I live in Las Vegas, would an...
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When using BRRRR, if I acquire the property using LLC, I’d have trouble refinancing... I’d imagine that we’d have to get the property under personal name and then refinance. From acquiring the property to rehabbing ...