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I was wondering how investors move to the next level with recent bank changes which limits the number of bank financed homes to four. I know there's seller financing, hard money loans, etc. But is this the transitio...
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Two separate buildings on one property. A nice 2/1 SFH and a 1/1 above the detached garage. Rent has been $700/$400. I think $800/$400 is doable. The owners have had it 14 years, and are looking to "simplify" their li...
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Hello BP friends. This site is awesome!!!Does anyone have referrals for an investor friendly agent in the Northeast San Antonio area?I desperately need help with timely leads for short sales, REOs, and similar distres...
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I purchased my first multifamily fourplex in June 2012. I paid 3.5% via a FHA loan @ 3.67%. The approximately $400/month in PMI is killing me so I've decided to try and refinance the property. I'm hoping for a favo...
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Hello BP Community!I am wanting to begin investing in single family rental properties, but have been feeling overwhelmed with where I should begin my search. I've been trying to analyze one property per day in order t...
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Hello BP world,I am looking at investing in Chicagoland and eyeing "better" parts of the south side to maximize CAP rate. Seems like Indiana has more favorable taxes and landlord laws... Does anyone have experience i...
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I wanted to share with everybody a few lessons that I learned on one of our best properties this year.My partner and I ended up buying a property with a very unique situation.The seller's main concern was that he did ...
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Hello All,
I recently completed a refi/cash-out on my multi-unit (4 units) property which I also use as my primary residence [been living in one of the units for several yrs]. At one point during the process of the r...
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Hi all, I've stumbled into a BRRRR situation, and I'm looking to tap into my property's equity to fund my next investment. I currently owe $277,000 on 4-plex worth approx. $800,000 after 10 years of appreciation, forc...
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I am putting my only rental home I have right now up for sell after doing some needed repairs to it. I was wondering, based on some of your own personal experiences, if I should 1031 this over into another property af...