How often can you do BRRRR ? Can you only use that strategy every 6 months? Because you will need to refinance ? Are banks cautious on giving out multiple refinance mortgages?

Currently we have multiple investment properties financed with a local bank using commercial loans. We also have a 3 unit property we are trying to cash refinance. We are looking to get 30 years mortgage with a fix in...

Hi everyone,
I'm looking for a layman's explanation of how a 1031 exchange works. I did some searching in threads and many of the explanations are pretty complicated. Can someone post a simple step by step guide to t...

This has been coming up more and more as I continue my wholesale journey. I heard from my appraiser today that in michigan you need a realtor license if you sell more than 5 homes in a month. I asked where she heard a...

I was looking at a flyer about fair housing today and it stated that one of the things you could not do is discriminate against people receiving section 8 or any form of legal income. I get that and understand it, how...

For SFH rentals, do you typically require a completed application before you show the property? In my area (Central Illinois), I have noticed that it's about a 50/50 split. Some properties are even requiring the SSN a...

Hi all,
I am a first time home buyer and currently lender shopping.  I already have a pre approval letter from one lender.  Should I continue to shop around and get additional pre approvals, or should I start looking...

New year, new laws (Senate bills 205, 206 & 207).Effective January 2, 2025, Michigan landlords can no longer consider a tenant's source of income when screening them. (income = 3 x monthly rent, Debt-To-Income, et...

I hear many investors express dissatisfaction with their property management company - or at least a level of satisfaction that varies quite a bit. With programs like www.rentredi.com (and others), it appears as thoug...

Any opinions...this would be in the instance there are multiple applicants for a single property and only one is chosen...