Joshua S.
Lexington Real Estate Investing - Starting the Journey
Hello BP,I am newer to Lexington, KY and am ready to put the knowledge that I have absorbed though all of the BP channels into action. I have Property Managent experience and am ready to take it to the next level. Wi...
Leon Lee
Buying a Quad with four independent tax records
Hi, BP Fellow InvestorsI am interested in a Quad with four independent tax records on the county website. Suppose that I only have one of the 10 residential loan slots left and I want to take advantage of this low-int...
Raj A.
What happens if a wholesaler can't find a buyer?
I've been reading more (and listening to many great BP podcast episodes) about wholesaling as a strategy but I'm curious as to what happens if the wholesaler is unable to find a buyer. Does the deal simply fall throug...
Karen Chenaille
Best Tax Strategy: Max out 401K or Save for Real Estate?
Hi!I am looking at real estate investing to reduce my tax liability and generate passive income. I have a 401K plan which I have been maxing out annually. My company matches 4% of the first 6% contributed. I have use...
Ellie Perlman
Should You Invest in a “Frozen” COVID Real Estate Market?
The COVID-19 pandemic has hit every part of the country, every part of the economy and every facet of the real estate market, including investing in multifamily properties. In the United States alone, tens of thousand...
Verlane Phizema
Creative Financing needed
Hello everyone, I have this silly idea that I can pay off my rental in 4-5 years . Purchased in 2019 for $110k, now worth $280k. I would get a simple interest loan to pay and demolish it to build a duplex or a fourple...
Michael Plante
Thinking of getting a mortgage
I’ve paid cash for my properties but am thinking about getting a loan or loans on my rental properties What would be the best type of loan to get on say 2 SFH which are rented out? They are both double wide mobile ho...
Tiffany Tan
Internet included in lease?
Hello landlords,
I reside in an owner-occupied duplex and am considering including internet as one of the amenities. What should I include in the lease if I decide to do so (things like not being liable for any illeg...
Bryce Y.
Record second lien to do rate and term refi?
Hey guys,
Here is my situation. A couple months ago I purchased a SFH for 57.5k, put 6k into rehab with a loan of 50k. It will probably appraise for 85-90k, so at 75% LTV it will come out to about 64k lo...
Peter Schafer
Overfinancing a deal
If I want to purchase a residential investment property, let’s say for $250k. Can I take out a loan for $300k and pocket the $50k? I understand it’s a little unorthodox, but is it legal?