Eric Baum
Portfolio Loan Question - Does this seem typical?
Hi All,As I have been expanding my portfolio in different markets, I am have been evaluating different financing options (especially as I cycle through all my and my wife's personal mortgage slots as well as buying al...
Zach Jones
First rental property.. Overpriced but good ROI??
Hello all.. so I've been on BP for a few months now, kind of just reading/researching here and there and I can't seem to find anything too specific to my situation. I live in the Daytona Beach area where the market i...
Gabe Goudreau
Planning For Unseen Expenses When Investing In Rental Properties
Hello,
I recently listened to Dave Ramsey dissuade a caller from purchasing a multi-family building, and I believe he made several valid points. He said that one of the main issues is that the buyer didn't have the...
Jesse Richardson
Refinance & pull cash out to buy?
Hey BP,
I have two properties paid off in NJ. I'd like to keep buying in this particular market, because I have a great deal going with my agent and they cash flow well.
My question is, do I keep them paid off, and ...
Samir Solanki
Cash out refi vs. 5/1 ARM
Hello, everyone. Working on the final step of just BRRR strategy and working on a cash out refinance. I have a couple of options I need help with.
Background:
6 months ago I purchased a triplex for 200K, spen...
Michael Claus
To buy cash or not buy cash
There is a deal with cash only due to a high rent ratio. The listing is currently at 110K. If I offered 100K, I think I could generate a cash flow of aprox 14k/year. I am also using cash from another deal that I am...
Nick Weidner
50% Rule / 1% - 2% Rule
Disclaimer... New Investor, purchased my first duplex this past Sept. Now to my question:I understand the 50% rule and the 1% / 2% rule, what amount to you apply the rule? For example if you purchase a property for...
Gaurav S.
Looks like a great deal .....should I bid ?
I found this property on Auction.com which has a stated starting bid of $367k. The unpaid balance on the loan to the lender is the same 367k. But the going price for a SFH in this neighborhood is around $600k.Since th...
Austin Petrie
How to find a Market's Cap Rates?
I'm looking for cap rates in Kansas City for each property class and came across apartmentloanstore.comDoes anyone use this site to get a decently reliable estimate of current cap rates for the city you invest in?For ...
Jay Pillalamarri
Need to show 250K loss. Strategies?
I'm doing tax planning for the next year. Looking for strategic guidance from an investments standpoint (of course I'll work with my CPA on the details)-
1. My individual taxable income in 2021 (after all deductions)...