Chris Stedman
Buy and Hold cash: How Far can you Leverage the Property?
Hello All,Chris from Arizona here. I just joined BP recently and introduced myself just a few days ago. Was looking to flip my first property with cash, but now I'm curious about the option of buying a distressed prop...
Wesley Merriweather
Owner Financing Math!!! Am I over thinking this or Is this a process
I know this may be a loaded question but I am looking for some help concerning owner financing. The calculations on how to handle providing offers to sellers and buyers creating a win-win for us all. I have actively b...
Joshua Taffe
Am I getting taken advantage of.
I have 400,000 in equity in a deal... I am trying to do a cash out refinance for 160,000 the mortgage bank I am working with is giving me the 160,000 but out of that I am walking out with 75k... 40k towards debt... An...
Steven Mojsej
Costs covered in rental income
Hi BP,Looking for advice from different investors in what is being covered with the rental income you are acquiring from the renters. You need to get enough to cover the mortgage payment, property taxes, insurance as ...
Gabriel L.
Househack Cash in Cash Return
I am planning on buying my first 4 unit multifamily property with the intention on "househacking". My question would be, what would be a good Cash on Cash Return?
My main priorities would be to have positive cash flo...
Jonathan Ranes
Im a little confused about the brrr strategy, about the refinance
The brrr strategy sounds great, but according to Fannie Mai don't you need to have the property seasoned for at least six months before you can pay yourself or a hard money lender back through a refinance?
Tim Porsche
BRRRR Strategy - Refinancing Question
Hi all, so since hearing and reading about the BRRRR strategy I have become very interested in possibly doing it. I would be looking for fixer upper multi-unit properties to renovate, rent out and refinance. There are...
David B.
How to use a million dollar line of credit…
Hi everyone! I’m looking for advice/strategies on how to use a 950k line of credit that is provided to me through my bank. This is due to the assets they currently manage in my behalf. I’d really like to utilize this ...
Wes Brand
How to cash out
A bit about what I'm looking for:I'm closing on a property soon with a cash offer. I have no immediate plans for the money I'm spending on the property, but I'd like to keep cash available so I can jump on any good de...
Corey Stewart
Having troubles refinancing in texas
When I went to refinance a home in dallas I was informed by multiple banks stating that I could not refinance for a cash out. I am more than happy to read up on this, can someone lead in the right direction?