Jennifer Wilson
Applicant A vs. Applicant B
Hello everyone!My husband and I are looking to rent our house and will be managing it on our own. We have multiple rentals, but have always had a management company, so I am somewhat familiar with the process, but als...
Kelly N.
How much cash to keep in reserve?
Hello all,
We are just staring out, closed on our first rental property in January and waiting to close the second. Our plan for the the first year was to purchase two cashflowing properties, then use the cashflow ...
Reid McCutcheon
HELOC purchase into a conventional refinance
Hi, Question on whether or not we should apply for another HELOC and how that may affect our ability to refinance into a conventional loan later on.We currently have a $150000 HELOC based on a few rentals. A little ov...
Tux Lawrence
The Art of Short Sale Investing
Short sale is a topic that has created a big time career for a good number of real estate investors. It has also been used to save lots of homeowner out of their real estate dilemma.
Short sale in Real Estate is ofte...
Yolanda Columbus
Holder of My Note Wants to Sell Rather than New Buyer Assume Note
I am selling my owner-financed condo. It is currently under contract. Buyer wants to assume the owner-financed note. My owner wants a lump sum payment. I agreed to owner-finance in second lien position if my buyer ...
Darian Richardson
80% DSCR LOan for SFR
Hey Bp,
I wanted to share my situation with the hope of recommendations or suggestions. I currently have a home in Augusta, Ga listed for sale. Originally this was supposed to be fix and flip, but I am pivoting this ...
Pamela D Williams
Rental Property insurance...why so EXPENSIVE??
Hi everyone! I'm a new landlord (lady?)...just purchased a duplex and closing on a fourplex on Thursday. My question is, why is the insurance so darn expensive? My agent said they are required to insure properties at...
Tony Marcelle
What is the right way to get capital to buy real estate?
I am scrambling to come up with ideas to get capital to buy real estate to buy and hold and to use to create cash flow. There are so many who have talked about buying real estate with no money. I do not have money of ...
Lawrence H.
Personal Gtee for LLC
Hi BP!Is it common for refinancing banks to require a personal gtee even if they're lending to an LLC? Isn't the point of the LLC to limit risk to the investor? Additionally, if there is a personal gtee, won't the loa...
Kevin Owens
Freddie / Fannie Multifamily
If you are navigating an MF purchase or refi of $1.5MM or more, please reach out with any questions. I have closed on $2.5BN of agency business. Maybe you'd like to know how agencies look at expenses or to know what t...