Joshua Wilson
The first really good deal I've found... I think!
Hey guys! Like most folks in this sub-forum, I'm hoping I can leverage the experience of you guys! I've grabbed a screen shot of the BP rental calculator, and using whatever information I could find on the listing, ...
Russ Layton
Combine First & Equity line into Jumbo - Is it possible?
I have a question for all the mtg broker folks out there.
I have a primary mtg of $400K (fixed, 25 year @ 3.875%)
I have a home equity line of $200K (variable at 3.25%)
House will appraise for $900 or more (have r...
Tony N.
Jumbo loan refi - 20% cash out to cover conventional and heloc
Hello all - I am looking for some advice/suggestions on getting a jumbo refi for a property that I currently have a conventional and HELOC on an original purchase @ 90% LTV.I've recently added value to my home by reno...
Stephen Brown
Setting aside cash for capex
Hey BP quick question,
When setting aside money for capital expenditures, how much would you vary based on age of certain expenditures? For example, a house that needs a roof in 10 years vs. 5 years and HVAC in 8 yea...
Omari Brown
How do you properly and efficiently analyze a market?
There are a lot of variables when it comes to the state of a market you will potentially be investing in. Values, businesses moving in or out, schools, up and coming developments, nearby colleges, crime rates, ect. Do...
David Miller
Would you do this deal?
Duplex cost: $230,000Total rent per month: $2,300Annual taxes: $6,200I would need to invest about $3,000 into the duplex to have it ready to rent. It was built in 2006 so it is in pretty good condition. 1 half is alre...
Jacob Trimble
Direct Mail Criteria in todays market
I would like to try a crack at a direct mail campaign. We are trying to locate another investment property in AL. We are pre-approved, as well as have cash in hand for a flip/BRRRR property. However, it has been diffi...
Joe Hermanson
Real Estate Broker Recommendation for Investment Properties
I'm looking for a real estate broker who can help me find investment properties in the Naperville area that can cashflow. Normal MLS focused realtors that I've met and started to use, don't seem to have the same mind...
Q. T. Van
Getting a HELOC to invest in my first multifamily property
Any recommendations on getting a HELOC on my residential home to pay off the debt faster and use the equity to purchase my first multifamily investment? Do you recommend using companies like Replace your Mortgage and ...
Carini Rochester
First small multi-family
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $201,000
Cash invested: $40,200
Wood frame building built in 1930. Two units on the 2nd floor. One unit on t...