Blake Ramsey
Line of Credit to easily scale SFH portfolio (Advice Needed)
As a SFH investor with a $6M portfolio, I recently outlined in my previous post how in 2020 my business partner and I did a large Cash-out Refinance into a Portfolio Loan which moved all debt out of our names with the...
Ranjit Sandhu
4 plex MLS vs 5 plex Tax Roll
Showing this property to one of my client tomorrow. MLS shows 4 plex but tax roll shows 5 units, seems like 5th unit is burnt. Will it be considered commercial property then as these are 5 units not 4? MLS states 4-un...
Daniel Millner
Large Lot Hard Money/Private Lending Options
Hey I have a few properties I have had my eyes on that are 10 acres and up around Michigan. Each property has a house that needs to be fixed up before its usable as a rental. Issue is the hard money lender I used in t...
Matt Campbell
Ensuring Proper Analysis of Property w/ Private Lending & Loan
Hello, BP crowd! I have a private lending partner who is willing to contribute up to a few hundred K, initially. Once I show him proof of concept, then potentially much more. The play is to buy and hold....He will not...
William C Bruckner
Cash out of a rental without showing income
Hello all,
I have mixed use building with 100% equity and multiple years of rent history. I need to pull out cash to perform maintenance on the same property. I can't show income, but my credit is in the 650s. DSCR?...
Cody Buckingham
Seller financed land used as down payment?
I’ve just ran across a piece of land in a great location. The owner is a older gentlemen who is already retired and is interested in doing 20% down seller financed. That being said would a bank allow me to use the ful...
Michael Dunn
23-Unit Apartment Complex for First Investment
Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $1,050,000
Cash invested: $275,000
23 unit apartment complex with six additional units and a laundry room tha...
Dominika M
Refinancing to get cash out - Canada
Hi all,
I'm working out my long term strategy and seeing if I can stay in Canada and somehow be able to buy more than one property. @Roy N. gave me an awesome long answer on buying past the 1st property (see below). ...
Jonathan Pacilio
BP Conference Group - STR goals and
Good morning and happy Monday to everyone out there. In advance of the BP conference I wanted to craft a summary of what my top three expectations are for myself to get out of this conference (purely from a self acco...
James Lee
Best Cash Flow Strategies
What is the best cash flow strategy in your opinion?
I was told that owning cash flow residential properties is a pain because of having to deal with the maintenance, tenants and sometimes property management compani...