Lloyd Stein
Cost of loan vs BRRR
I'm a newbie and the other day I was on the phone with a mortgage broker and when I asked him about rehabbing and refinancing he told me it wasn't a smart move. He said the cost of the refi might end up eating up any ...
William Coet
Identifying Demand: A List of Questions For Realtors
In trying to identify demand and become familiar with a new market, I thought I could email the top realtors in the area and ask a series of questions ( a survey) . Below are a few of my initial ideas. Any additiona...
David Lee Hall, III
BRRRR - working backwards
My brain is currently stuck in a fog. Perhaps not enough coffee on a Monday morning. I am currently trying to update a worksheet I use as a reference for what to offer on properties. I am looking for any assistance to...
James Tiu
Portfolio loans and private non-recourse loans
Hello BP!I will be refinancing a duplex in San Diego. The loan balance is at $420k. The appraisal value in 2018 was $650k. I would like to purchase another property in San Diego with my brother-in-law. With 43% DTI, w...
Kyle Kinkead
New investor starting out
Hello all! I am new to the real estate investing space, and intend to purchase property with a partner in the Atlanta area. My partner and I are both out of state (CA & WV), and we are currently in the process of ...
Chris Montgomery
March 31 2021 Extension for Opportunity Zone Investment
Investors seeking to leverage Opportunity Zone incentives have until March 31, 2021, to place capital gains realized, in some cases, as far back as January 1, 2019. The Opportunity Zone program allows for investments ...
Kenny McCarty
What to do with excess cash?
So I have a good problem...I am running 2 short-term rentals and they are producing a large amount of excess cash which is currently sitting in a business savings account doing nothing.I have mortgages on both propert...
John K.
BiggerPockets Introduction, New Investor
Good evening to everyone on BiggerPockets,My name is John Kenyon and I am a Police Officer in the San Francisco Bay Area. I am also a new investor, whom has been trying to educate myself about investing. I have been r...
Reginald Park
Best place to look for Hard Money Lenders
Hello,I found this website as I was looking for feedback for the 'connected investors' website and was taken aback. This site was free to join and there are myriad posts to scan to get an idea of some of the less trad...
Austin Bright
Best lead sources for motivated sellers
All,
I've spent the past year marketing to sellers whose information I got from propstream & property radar. I have gotten roughly 30 deals of vacant residential lots & SFHs (owner occupied/non-owner occupied...