Maurice Blackledge
Calc Review - Would you do this deal , first time BRRRR
Hi BP Community, I am on the fence about doing this deal because of the money left in. It would be my first BRRRR so I'm trying to balance the experience vs the deal numbers. Curious about others' input based on the n...
George Paquette
Murillo-family 75% or 80% LTV refi
Hi all, we are finishing a brrrrr on multifamily residential property made up of four units and we are trying to refinance out. Everything coming back at 70% LTV, does anyone know of a 75% or 80% program? It’s non-own...
Account Closed
Fannie Mae and 20% down rule
I'm finding with my lender that they don't want to lend me with less than 20% in the property, even if the numbers look good. Why is that? They say it's Fannie May rules. How do I skirt that? i asked them about PMI, t...
Dan Aharon
Looking for a lender for a 25-unit portfolio in Detroit, MI
I'm considering buying a 25-unit portfolio in Detroit, MI of houses - with value per unit starting at $30k and going up to $150k.Has anyone had good experiences with a lender that can take a portfolio approach and off...
Chris Igard
Home shield or use property managements maintenance?
This is our first rental property and we are going to go with a property management place. They ask for a $200 retainer for minor repairs and anything larger then that they’ll ask permission prior to fixing it. That ...
Mohamed Alli
How to make seller liable for major repairs
I was listening to Craig Curelop's book "the house hacking strategy", he mentioned a way to make the seller of a house liable for major repairs to the property for up to one year. I'm having trouble recalling how it's...
Account Closed
When investing in a new area, how do you guestimate expenses?
Hey BP!So I was creating a deal analysis on a property and realized I did not truly know the average cost of water, electricity, gas, etc for the area. This popped a question in my head on how to find out that informa...
Robert Rixer
Creative Ways to Boost NOI
Looking to the BP community for creative ways to boost NOI. I'm looking for the most creative things people have seen or can think of, irrespective of how impactful it actually is to the bottom line or how much it wou...
Joe Smith
What are consequences of not paying HOA dues.
What are consequences of not paying HOA dues. We pay 900 per month HOA due in Dallas, texas, small house, and HOA does nothing at all. We know many neighbours who didn’t pay HOA dues for many months and nothing happen...
George Bechir
should i pay more down payment lower interest rate
Hello, That will be my first post and my first investment as wellI made an offer for a condo at chicago suburbs and finally it was accepted. it's a condo 2beds 2 baths for $195K. Now i am trying to apply for a loan an...