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Good afternoon everyone,
I purchased a rental last year for 55k, put about 3.5k into it and brought the rent up from $750 to $800. We are currently cash flowing $425/month off of the property and the tenant is a good...
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Hello. I am new to real estate investing and my husband and I are currently in the process of doing a cash out refi on our primary home. Our mortgage currently is 480k at 2.875% and with the VA cash out refi, it would...
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If you are new to borrowing money to fund your investments here are some terms that mortgage brokers and lenders commonly throw around without any explanation. I did not list them in any particular order. If there a...
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Hello everyone. A few months ago I bought a house cash. I was able to rent it out and just finished cashout refinance with an LTV of 75%. Can I use that money for a down payment for another house right away?Will the n...
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I hope this post belongs on this forum. I'm definitely going to start a wholesaling business, but that's not real estate investing.I'm trying to decide whether to put my (hopeful) earnings from wholesaling into real e...
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Awesome BP Community Leaders,Thank you for your support, advice, and guidance thus far on our fledgling REI adventure. We're at a point now where we're hustling for more money and are considering a hard money loan. ...
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I was spitballing with a homebuyer with a particular itch, and we came up with an interesting proposed HML structure. I'll describe the scenario, the itch, and how we could in theory scratch it.SCENARIO: BRRRRrrrrrrrr...
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Hi,
I am a new investor ,looking to buy my first multifamily(2-4 units) for renting. Most properties need some or full rehab . I got pre-approved with a lender but they don't do fixer upper loan . What are my options...
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Hi all. I've never been involved in this sort of transaction and wanted to get the communities input.
I am negotiating the purchase of a portfolio of 3 SFR Units in Cleveland, ohio. The seller has agreed to an upfro...
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If you have owned your home since 2020 there is a great chance your home has appreciated enough in value to get your monthly PMI payment removed. This will easily save you 2-5k/year.
Getting rid of Private Mortgag...