Why does David Greene push a cash-out refinance with the BRRRR strategy?Why not an “H” for the 3rd letter as in HELOC?Why won’t a HELOC work? Is a HELOC not as good as cash? And why does everyone recommend taking a ...
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $203,000
Cash invested: $5,000
Investors this property is all about the long game. This beautiful four unit...
Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $1,000,000
Cash invested: $200,000
Purchased a 26 unit apartment building in Little Italy, (downtown Omaha), ...
Hi All!
I'm curious to know people's opinion on this situation. I just closed on a duplex ($166,500) in ohio that rents for $1960 (section 8). I have a 30 year fixed mortgage at 4.87% , loan balance $125,000. I'm re...
Investing is about leverage. Leverage is about stability. If the rate on the loan adjusts annually, you can be pretty sure the rate will adjust up. Take a look at how just two percentage points can change your payment...
Investment Info:
Large multi-family (5+ units) commercial investment investment.
A 63,000 sf mixed used development. The historic preservation project will result in a restaurant, 20,000 sf of commercial spa...
Hello All!
Firstly, I wish I would have stumbled across BP a few years ago. This is an outstanding resource and really demonstrates the potential of the internet. Thank you for making this happen!
So,...
VA rates have hit new historic lows!! 2.25% for 30yr fixed. If you weren’t aware, VA offers a streamline refi option called an IRRRL (interest rate reduction refinance loan) that requires no income verification or app...
I have an investor mentor who swears the only investment worth buying is single family homes. I know people have found great success in all kinds of REI, but his primary argument is that buying a good, normal home in ...
Will rising interest rates lower home prices if so how soon?