Orion Walker
Help, I'm making that classic "run out of money on rehab" mistake
Earlier this year we bought two houses that needed major work. We purchased them with a Fannie Mae Homestyle loan, which is similar to an FHA 203k. I got a bit carried away on the rehab, going beyond the bank loan amo...
Soup Nikk
Regular refinance or cash out refinance on rental property
Hello,This might be a newbie question but here's my current situation. I am planning to refinance my rental property (due to low interest rate environment). I bought the property in 2019 and got a 4.125% rate. I notic...
Matthew N.
Question about lease option income
Hi all! I'm enjoying all the great information on BP! I was hoping that some of you can help me out with a question. My partner and I are interested in doing some sandwich lease options. We are trying to get all th...
Johnson Michael
Is Turnkey investing a good option?
Hi,I am a newbie into real estate investing. Still learning the nuances by listening to BP Podcasts and webinars. I came across Turnkey investing with Memphis Invest.Just wanted to know if this is a good option for ou...
Konrad L.
How To Approach Tenant About Lease Renewal
Hello everyone,I have purchased my first 3-family investment just a little over a month ago and the current lease on my 4-bedroom unit will be ending on June 30, so the tenant has one more month of official occupancy....
Jacob Allweil
Possible to Refinance Three Single Family Homes at Once?
Hi All, I just bought three properties from a couple going through a divorce, through seller financing, and thinking about my options going forward. I was thinking of refinancing to pull my money out plus some extra ...
Pandu Chimata
Foreclosure statistics sites
In anticipation of more foreclosures in the future, I want to know the best sites that can provide this kind of information. I am not planning to do a mail campaign but want to see the market direction for timing the ...
Ty Primers
Structuring a lease option and sandwich lease
How does one setup a lease option deal and use rent to own as the exit strategy ? I’m wondering How do I sell the idea to the seller to get it under a lease option agreement without putting a large down payment down a...
Sam Schrimsher
Please Review My Lease Option Plan
I recently closed on a home with a swimming pool in Rochester. I'm going to be into it about 97k (paid 80k, but with closing costs, and selling cost down the road, and the repairs I should be into it about 97k). At 97...
Corey Hassan
Wholesaling commerical real estate
Hi BP,Any advice on my current situation would be greatly appreciated. I sent out a letter to absentee owners last week and was contacted today by someone who owns 20+rental properties and inherited a smaller commerc...