So I just had a discussion with a retired family member who made her money (millions) in real estate. I brought up the BRRRR strategy and she got upset that I brought this up as an actually viable strategy. She asked,...
I have been reading a lot on BP! Thanks everyone for such a great community.One question I have is:I have heard people talk about how often in a booming market, you'll have tons of over-leveraged investors who, when t...
A guy is trying to sell his moms property. Local Properties are around 180kHe wants 175kMom owes 140k on the loan.Downpayment they want is 5000I have about 40k ( leverage?)Rent in the area is 1100No Agent will be inv...
I own a 14 unit apartment that is fully occupied. The building was refinanced 5 years ago, so currently has a 40% loan-to-value ratio, using its appraised value. Do I pay it off and leverage the property to expand? Or...
I hear it several times but, what is the number that one can say he is over leveraging for his rental properties?
I don't consider myself a RE Inv. but by accident, I have two paid off rental homes. How should I use them to grow my RE portfolio? Should I do a home equity loan, a HELOC, or both to leverage them and use the equity ...
Most people know a hard money lender or a commercial bank, but very few know how to acquire Unsecured Lines of Credit to complement those lending sources to 100% finance their deals. And even fewer people know how to ...
Hello,
Curious on your thoughts for the following situation.
I am moving out of my primary residence in July. I have a 30yr fixed @ 2.875% with a loan amount of approximately 440k. The home is worth approx. 530k-550...
Hello everyone, I hope you are well.
Quick snapshot of situation
I was fortunate enough to find a deal in the south florida market (Fort Lauderdale) where the sellers were looking to retire but were house rich/cash ...
Hey everyone,This is a great read regarding HUD Insured Multifamily Loans. It describes exactly why FHA/HUD Multifamily Loans are the best option for medium to long-term holders. Locked in for 35 years at the lowest r...