When investing with the BRRRR strategy do you use two banks, one for initial purchase and then one for the refinance? Or is the initial purchase bank usually willing to do the refinance once rehab is done?
Alright, question time!!
So I purchased a property a few months back with a conventional loan. 20% down payment.
The tenant will be out of the property later this month and I will be ready to rehab the property.
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Has anyone here had success in financing the initial property purchase and rehab? I am looking to start BRRRing and honestly just lack the capital to purchase. I figure if I were to complete the process in a few mont...
Hi BP,
I've done a good amount of research of 1031 Exchanges but have one final clarification that I'm still unsure on. In the "Like-Kind Exchange", you are required to purchase the next investment property at the s...
In September of 2017 we purchased the book, House Hacking: The Only Real Estate Investing Strategy You Need to Build Wealth, Live for Free (or Almost Free), and Make Money Through Homeownership by Ben Leybovich. Late...
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I asked a similar question to this a few weeks ago but it was concerning existing residential tenants in the building. I'm not sure if the commercial tenant involved in this question poses any difference in answer. Ba...
I am hoping for some clarity. This situation is a bit sticky, so bear with me through the details. (They're about as clear as mud.) I am wondering: Is it possible to put in a cash offer on a house with another person ...
I'm still trying to wrap my head around RCW 59.18.650, and am pretty damn confused.
Is it better (as a landlord) to have a lease that provides for the tenancy to continue for an indefinite period on a month-to-month ...
Hello BP folks,Can anyone help me understand how to handle depreciation for real estate properties held in an opportunity zone fund? As per my understanding, the external basis of the partner in the fund is zero (assu...