Tim Lee
First time cash out refinance
I'm an out of state investor and I have 2 rentals in DFW. In 2022, I'm looking to do a cashout refinance. I purchased one with cash and the other with my HELOC. Since it's my first time doing a cashout refinance, a...
Andrew C.
Accounting structure with holding/parent & child LLCs?
Hello. Is there a generally accepted best-practice for handling the accounting for this?
Say I have a holding/parent LLC, which is the single-owner of a few sub-LLCs, each of which owns several properties from the st...
Chris Aranda
3 or 5 year Balloon in todays market?
I'm wondering what investors are doing right now regarding interest rate terms. Example; 3 year is a bit less than 5 year. I'm wondering the risk/reward of locking in the lower rate for 3 years vs. 5 year if the diff...
Jason Cash
Wholesale or rehab to start out?
I'm new here to BP and real estate in general but I really want to get into RE although I'm unsure of my best options. My credit isn't great by any means (580).
I also would like to get a duplex or fourplex, when ...
Greg M.
California Security Deposit Changes
For those landlords in CA, Governor Nuisance recently signed into law a bill limiting security deposits to a maximum of one month rent. It used to be a max of two months rent with a three month exception for furnished...
Casey Miles
$1 million in equity and "only" making 56-64k a year.
Hello Everyone,I think it's time for a change.I really want to keep my post on topic. If you have questions or want to debate CAP rates, cash on cash, etc. please shoot me a message and we can go from there.A little h...
Samantha A.
How do you get multiple mortgages with BRRRR?
I'm curious about using the BRRRR method and how the bank preapproves an investor with multiple mortgages. When you're ready to purchase additional properties - how do you get approved for the additional debt with you...
Sean Cavanaugh
Bank of America didn't approve us for refi!!!!
Evening professionalsNeed some answers! I purchaced a primary residence on 2004 at the high of bubble for 385,000 in RI. We put down 80,000 down payment and financed 305,000. 2 yrs later we got a 2nd mortgage out arou...
Brian Twigg
possibility of above market rent?
Fellow BPers,I am currently starting the process of relocating. With that I am at the point of either renting my current primary residence or selling it. I am located in West Sacramento Ca. which is currently a pretty...
William Simon
Is It Possible To Scale With Only SFHs
Hi All,I have been reading and reading about real estate and feel ready to take the plunge. I am finding better deals that cash flow is stronger in SFHs compared to MFHs, but am worried about scale with SFHs. My under...