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I have 2 properties that I'm trying to off load. The properties are located in Philly and it's hard for me to manage remotely. I collect $875 from each. I cannot sell it in this market because I'll be loosing $50k. I ...
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Hey guys I need some help here. I own a rental property in Camino, California. I want some help here to see what you guys think, if I should sell my current rental and buy other with the money I would get or if I shou...
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Hey guys,Unfortunately I have given a lot of money to a contractor (more than 2/3 of total rehab cost) to an unlicensed contractor (he deceived us that he was licensed). He claims he has spent the money and unable to ...
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Hello BP,
This web site has been a great source of experience and education, which has broaden my perspective and abilities in Real-estate investing. The biggest tools I have take away from BP have been creativi...
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2 years ago I moved to be closer to work and turned my old 3 bed/2 bath townhouse into a rental. Renting it out has gone fine so far, so I want to do more rentals, probably similar properties in the same neighborho...
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For those of you using the BRRR strategy (Buy, rehab, rent, refinance, repeat). My questions is when you refinance, are most of you doing cash outs or HELOC and why?My thoughts are:- If you use a HELOC (home equity li...
Full Disclosure. I am a noob. I have two properties right now mostly focusing on short term rentals/ vacation rentals. The first one I have stays booked and I clear roughly 1K to 1500/ per month from it. The other...
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For those who are in the 5-10 SFR and are buying more, how do you finance them? I have done the hard money, rehab, ref into conventional loan for one rental. The last 3 I did were VA vendee financing (when that was av...
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HelloI am in the process of a divorce; we have been together for 15 years. I made an awesome deal about 7 years ago to purchase a home in San Marcos Ca. I want to buy her out, but she wants to sell it to anybody but m...
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I'm looking to acquire another rental and am unsure if I should use the equity from my first rental. The investment property details:InvestmentSFR315k Value198k Owed (62% LTV)Currently on a VA loan at 2.875%. Would yo...