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What are my financing options if I want to do a BRRRR + STR? I prefer to use conventional loan over DSCR for the refi due to lower rates and no prepayment penalty. Specifically:
1. Do I have to purchase the house ...
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Hi ya'll, Wanted to hear your thought on this. Currently have $170k saved up + mother offered to sign loan w/ me. Looking at duplex/triplex and plan on house hacking. My lender basically stated, whatever monthly payme...
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Hello everyone and hope you're doing well. I would like some insight to my present situation, i know we are not lawyers but i would like to listen to different opinions with the hope of gaining some knowledge.
I hav...
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Good Evening BP members!I am very new to REI and my fire was sparked by a free webinar hosted by Larry Goins. I learned of Seller Financing that day and I got really excited. Unfortunately, the $5k-$10k homes that I c...
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I just purchased a multi unit property in Ontario and the rents are quite low in comparison to what they should be. So I have a couple questions about going about these increases. I have been making some improvements ...
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I'm currently working on development plans for two small office properties, one in Annapolis, MD and one in Washington, DC.
Cap rate on both , conservatively, would be approximately 7.2% ; that's at my sell p...
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I saw commercials down here in south florida within the past week from a company calling out wholesellers. Commercial basically said "why sell your house to a so called cash buyer who doesnt have the money?" it contin...
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I have located land that has been used until this point as industrial and in my opinion is at the end of its life cycle. I would like to rezone for a mixed use development. All of the properties would total approximat...
I have some rental property back in Atlanta, and have been wanting to get into short-term rentals through Airbnb for years. Close family passed and I'm now looking at buying a small house/cabin in Colorado to do STR....
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I have had a vacation rental in Big Bear Lake for 2 years now which has done very well (over 200 nights a year- grossing over $50k a year) on less than 200k investment. I'm also managing 3 other properties in Big Bea...