Daniel J.
How do you hold and keep track of CapEx and Vacancy Funds?
Hey all,How do y'all keep track of the funds you are holding in reserve for CapEx, Vacancy, etc? Do you just plan for those numbers in your analysis but then take it all as "cash flow" and pay it as it comes up, or do...
Tracy Briggs
Won bid on Courthouse Foreclosure sale .... NOW WHAT!!!!
In NC there is a 10 dsy upset period, I was awarded bid today.
Bid amount $55,000 .... confirmed recent comparables $125,000-$135,000.
Home needs $25,000-$30,000 in repairs very worst case scenerio.
I want to flip N...
Jemma Jacques
Help with DSCR financing options
Hi there,
I was supposed to close a house last week in Milwaukee. But the lenders have been a nightmare, there was a small amount of seepage in the appraisal and they want it fixed before close. (Basement to get sump...
Ahkeem Smith
Understanding BRRRR cash out/loan process
I planning to do my first BRRR strategy around next spring, but I wanted to make a few things clear first. I understand the basics up until after the refinance. Once we’re able to cash out after the new appraised amou...
Daniel Gibson
Debt to Income Ratio Maxed Out!
My business has approximately 6 loans through our local small bank and they continuously talk about how they are investor friendly. However, they keep mentioning to us that our debt to income ratio is nearing their "1...
Frank Jiang
What proportion of your total wealth is held in real estate?
Traditional Financial Planning advice goes out the window when you start investing in real estate.Questions for BP:- What proportion of your total wealth is held in real estate?- Why do you keep the asset mix you keep...
Cory Dean
BRRRR Strategy In DFW
I'm really interested in using the BRRRR strategy to purchase my first property in DFW. I feel like the BRRRR method seems like one of a hand full of ways for a "small shop" to get their hands on RE in the competitive...
Cin Khai
Refinance basics requirements
What are the basics that I should know about cash out refinance? What is seasoning period? Is there a minimum amount requirement? And any other things I should consider. Thanks in advance.
Akshay Wattal
HELOC to buy all cash OR 30yr conventional with crazy high rates?
Hi Folks!New to real estate investing. My lender told me that the rates changed again this morning (80 basis points), so looking for recommendations here on which option is more sensible - using HELOC to buy all cash ...
Tyler Rabanus
DSCR Cash Out Refi Questions
Hi everyone,This is my first time posting and I had a question regarding DSCR cash out refinancing:Are the DSCR loan amounts calculated strictly on the debt service ratio or does an appraisal come in to play? Reason f...