Alexander Araniba
Helping a Real Estate Investor Noob
Dear BP members,I found BP because I have been going crazy researching the internet--reading articles, watching videos, etc. I initially started researching more on real estate investing because I've been trying to fi...
Steven Baca
Turning $55k into $1M+ [CONTINUED using BRRRR]
Expert advice needed!!I bought a townhouse in 2016 for $95k and have been renting it out since 2018 (creating ~$300+ monthly cash flow), as of today current mortgage due us $74k. This townhouse has now appreciated to...
Adrianna Pisano
Financing/ Banking Questions
My partner and I are eager to purchase our first multifamily rental property. We created an LLC and are currently exploring potential lenders. However, we are facing a dilemma regarding the financing options. On paper...
Matthew W.
Getting started with zero money and bad credit.
I have zero money and bad credit but want to start "flipping" houses. Any advice for financing and/or how to go about getting started in the business would be greatly appreciated. I have been fascinated with REI for a...
Adam L.
What bank did you use for HELOC? are you using yours? [TX]
so I just got my HELOC secured here in Austin on my primary home through BBT. Man, it was a PITA and took a lot of time. It seems that TX lending laws make the process much more difficult than my friends in other sta...
Addison Robertson
Advice on financing my house hack
I have a pending offer on my first investment property, a 4 bed 2 bath duplex in Indianapolis that I will house hack. FHA loan using 3.5% down payment with purchase price being $200k. Currently have $20k in liquid cas...
Account Closed
Is there a maximum starting price for a potential BRRRR?
I live in an INSANE market (Maui). I know of a property in a great location that seems like a great candidate for a BRRRR but the absolute lowest it will sell for is still close to $600,000. The neighborhood appraisal...
Seth Sayler
How does this equity thing work?
Hi Everyone,This is my first post on BP, but I have been an avid reader for some time. I have, what I think, is a pretty simple question. But first, here is my situation:I am very new to the real estate investing worl...
Mike Hamson
Refinancing with Canadian banks within 3 years
Hi BP Canada,I've run into this scenario a couple of times recently and I keep getting vague and inconsistent answers from le banc. Any insight or clarity would be greatly appreciated.Buy a property off market at a se...
Elvis Nasi
Owner finance or not. If owner finance (advice welcome)
I am walking a 4 unit apartment building next week. I can qualify for a bank loan (local CU) with current offerings (15% down; 20y amortization; 6.5% interest). The other option is owner finance (owner is open to it)....