David Leodore
Refi Lender Vetting (BRRRR)
Hi All,
I’ve been using the BRRRR strategy lately and would say that my most painful piece of the process is lender vetting.
I’ve primarily been using one specific company here are the pros and cons:
Pro:
The re...
Jon A.
Is a buyers offer with a 1031 good or bad?
When a buyer makes an offer with the hope of doing a 1031 exchange is that considered a solid offer from a sellers perspective? What are the pros and cons of making an offer in this scenario? Personally, I would take ...
Dhiren Ahir
Buy cash and finance later
What do you guys think about buying rental property with cash then doing cash out loan? Lender is taking long time with no obvious reason and I can not start mortgage process with new lender due to time limitation as ...
Larry Zucker
Buying auction properties in Wake County, NC
I have been researching the process of purchasing foreclosure properties at auction in Wake County, NC. I understand there is an initial auction "at the courthouse steps" (announced in the local paper) in which the w...
Account Closed
How quickly could one refianance out of Hard Money loan ?
Hey all,I was wondering if anyone had any experience with refinancing a property as fast as possible after closing. In my area cash buyers are dominating and its hard for my offers to compete. I was thinking of doing ...
Frank Robinson
Our vacation house hack in the Islands - Montego Bay, Jamaica
Investment Info:
Large multi-family (5+ units) commercial investment investment.
Purchase price: $10,000
Cash invested: $50,000
Purchase of 3 Lots (1.5Acres) in Montego Bay, Jamaica WI just 10 miles ...
Matt Lane
Take the money or spend the money?
I’m in the process of buying a mobile home , $60,000 price getting loan for 25,000 -$30,000.I’ll be getting $7000 from mobile home park I’m putting home in. My question:Should I put $7000 toward principle or keep it ...
Conrad Legé
STR in South Florida/Miami market
Hello,I am looking for new STR opportunities in different markets this year. Miami is one I am particularly interested in. For those who operate in this market what has been your experience so far? What properties do ...
Tarrin Lilly
Just curious.....
If my asking price of 50%-70% of the ARV does not cover the sellers loan then the deal is essentially eliminated correct??
Tanner Holligan
Second Property Purchase
I currently own and rent a property I purchased 3 years ago on a USDA loan in the Mont Belviue area(just east of Houston), and cash flow 475 a month and am currently in the process of purchasing my second home in the ...