Steven Barr
How to calculate maintenance expenses for BRRRR
How are y’all calculating your projected maintenance expenses for BRRRR properties?I know the rule of thumb for a traditional rental is 40-50% all in expenses (vacancy, prop mgmt, taxes, ins, repairs, CapEx, etc)..But...
Don Levy
Who takes the hit on loan principal reduction?
There is a talk about reducing borrower's principal on their loans to help them stave off foreclosure. I would like to know who has to take the hit when a loan is reduced. Most lenders package their loans and sell the...
Anna Bee
Starting out with investing in Section 8
Hello,I am interested in starting a Section 8 investment portfolio. As a result of the recent news about tenant problems, I am unsure what insurance to purchase or if it is even worth it starting at all. Would anyone ...
Raymond Macasaet
If you switch your VA Loan to Conventional Mortagage? Can you....
Hi BP community! Can you reuse your VA Loan if ? You converted your mortgage to Conventional loan?
Matt Mason
Flood Insurance Story
I have a story with flood insurance that I wanted to share as I thought it may help someone out there.
A couple years ago I was in escrow on a 4-plex and the bank doing my loan said I needed flood insurance s...
Jorge Borjas
How often are engineers needed for rehabbing properties
In the property rehabbing and house flipping world, how often is an engineer needed to sign off on some of the more intricate or delicate rehab scenarios? Can a contractor handle most structural issues, or is it good ...
Neil Patel
HUD Home Buying Inspection
Im in the process of buying a HUD home as an owner occupant cash purchase. The offer was accepted and after the home inspection and walk thru with my contractor we found major damage to the house's foundation in the b...
Mark Smith
FHA Refinance
Hello all,I'm just looking to develop a game plan at this point, so this question is not something I am trying to act on right now.I recently purchased my first property using an FHA loan. I am interested in refinanc...
Mikhail Pritsker
Underwriting Tricks: Mastering the Basics and Beyond
Dear friends,
In these challenging times, deepening our understanding of multifamily underwriting is crucial. As the foundation of real estate investment analysis, underwriting allows us to evaluate potential returns...
Mike Smith
Are builders reducing prices yet?
I am first time home buyer in North texas and my closing is a month away. I am on the fence now worried about recession, job losses and depreciation in near future.
I know it is difficult to predict the future. Doe...