Hi All! We own one property (our home) worth around $500k, no debts owed.We would like to purchase a second place as a rental property for 200k-250k.We also have to renovate our current home (estimate cost around 65k)...
I read on a forum in BP once about writing a mortgage to yourself (buying a property for cash) so that you can immediately refinance and essentially recoup your down payment plus possible rehab costs depending on what...
We are currently living in Corpus Christi, TX, but will be moving to Dallas in 6 mo. If we bought a house here, our kid (plus 2 of her friends) would be the renters for a year or so, but then we'd need a property mana...
Hi all!
New investor here looking to do a first time BRRRR in metro Detroit. I just had a quick question in regards to the refinance portion of the BRRRR process.
I have a potential property that I'm looking at g...
I've been listening and reading to a multiplicity of economic pundits regarding national debt, quantitative easing and other such fun things. I'm also currently negotiating several 5-10 year leases on a mixed use prop...
Hello BP! Special thanks to Chris Mason, I am using your template to create an accurate description of what I want.
Your goals and story: My goal is to cash out refinance my duplex. The issues that keep arising whe...
So I initially purchased my first investment property by myself (under my name / no co-owner/ borrower) back in November 2022 with an FHA Loan and very recently (within this last month) my brother & I have decided...
A day with excel forecasting, projecting, and running analysis to optimize a deal are my favorite days. I love this part. This is why I'll probably never stop even though I'm financially free. This portfolio includes...
I’ve heard different things some say that you should go with the big bank like Chase for commercial multi family but I’ve also heard to go with some local banks for the cheapest rates I’m looking just for a normal ra...
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...