Michinori Kaneko
cashout refi vs HELOC on investment property
Hi all,There was a property i was hoping to perform a BRRRR strategy, but realized rent is not high enough to support mortgage on 75% LTV to yield enough positive cashflow after cashout refi. the cashflow is like $30...
Eric Thornton
First deal - looking to use a 401K loan
I am looking to make my first investment in commercial real estate. In doing a lot of research here on BP and elsewhere, there is so much information regarding using 401K's and self directed IRAs for real estate down...
Jarred S.
When will the bank cut you off
What are the things to consider regarding a starting out strategy? Should one lump a good bit of available cash in on one rental or try to stretch that out with 10% down and taking out a mortgage across the first 5 or...
Anna Watkins
Another question on FHA & service animal rules (with a twist)
I have a potential applicant with a big dog (a Husky) for a room in a student rental/shared house that I had intended to be a "no pets" rental. I'm told that the dog is a seizure service animal for the young man, who...
Kathy Benavidez
Tenant Refusing to Let Us Enter
Informed Tenants two days ago that we are planning to sell the home (their lease ends at the end of June. We are hoping to sell the house as soon as they are gone). This afternoon, we let Tenants know that we have a p...
Alex E.
investing with partners
Hi everyone,
I have a friend who is willing to cover the downpayment for a multi-family or apartment building, which is around 20% of the loan amount. I am also planning to apply for a commercial loan since a lender...
Brendan Blake
Pumping Cash flow back into mortage
Newbie to the site and was wondering if someone could shed some light on the pros and cons of instead of taking positive cash flow out of the property, to in turn use a shorter term mortageg with higher monthly paymen...
Patsy Waldron
Using one property as collateral/down payment for another
Hello lenders and experienced BP investors out there....How realistic is it to ask a conventional lender or private lender to use one property (a SFH owned free and clear), worth $75K, as collateral instead of a down ...
Ryan Battista
Need a investor friendly Realtor near downtown Charlotte NC
Bp Realtors, First time flipper looking to put an offer on a couple cheaper properties outside of Uptown Charlotte. Looking for a realtor who works with flippers/investors and knows the neighborhoods outside of...
Ross Bernard
Finding tenants with a full time job
I have been browsing this site closely for about a year now and feel ready to buy my first investment property. I am currently working full-time. My strategy is to buy and hold. My question: how do you find time to sh...