Daniel Torres
Our first deal! What now?
Good Afternoon,
We might have found a deal, but we are debating whether the Rehab might be too much. We went to go see a house that is below market value however, the house needs quite some work.
Within our market...
Jamie Parker
Multifamily Analysis out of state.
As a wholesaler, having the first look at a property is a cool perk of the skill set. checking to see if the numbers work comes first, but secondly if not first part A, how will the property be managedAnyone investing...
Eric Struben
Cash flow on first rental property
Hey all,I read a more general post to this question and maybe there are even more out there but I am wondering as a first time investor in a rental property, how much (maybe percent?) should I try to cash flow. The ot...
Jeff Brower
What to do first year after purchase: Claim Loss or Claim Income for Future DTI Ratio
Hello All,I am just about to purchase my first SFR or MF buy and hold long term. I have done some searching on this topic and haven't found much so that is why I ask. I would like to know what most of you would do in ...
Konstantin Dubovenko
Should I hire a property management firm
Hi everyone, I am an moving to a new home and planning to rent my condo in San Diego (central Hilcrest walking distance to Balboa Park / Zoo). The condo is modern and basically in perfect shape, completely remodeled 1...
Dustin Hughes
Upfront Mortgage Broker Commitment Fees legit?
Found a local mortgage broker encouraging me to sign a full service agreement with them that will charge a 1.5% fee for every deal and wants a $5k commitment fee upfront. This was explained to me it helps drop the com...
Alexis Zion
Help!! When do I refinance my building ?
Hey folks,Want to get you opinion. I bought an 8 unit building last year. Besides having to renovate and get all new tenants, I did a bunch of work with a new heating system (all new individual units) so the tenants...
Jeffrey Myers
Use cash or finance???
Hey everyone!
I'm sure this isn't the first time this has been asked, but here it goes...
Is it better, or smarter to pay cash for a property, say $45,000.00, or just take out a mortgage and use someone else's money...
Navid A.
Completed proof of concept, now what?
Hello BP, I'm trying to get myself to the next level and here is my situation:I'm currently in the military and I bought my first VA home off of the MLS for $90k with no money down. I spent about $20k to renovate the ...
Tony Wagner
Refi and flood insurance
I am trying to refi two houses that I have free and clear. In the process I was informed I need flood insurance and have to have them surveyed to get an elevation certificate even to get a quote on insurance
Does any...