Chanise P.
Finding funding for FHA quad
Hi All!I've been soaking up tons of info over the last year and a half and getting my credit scores and savings up to par and finally feel able to pull the trigger on investing. This is my first post to the forum. I c...
Long Dinh
Credit Score or Loan
Hello all,I have 5 Long Term Rentals that I converted to STR this year.I took out 40k from 2 CC to furnish the property and made some repairs.This lower my credit from 740 to 600.I would like to perform a Cash out ref...
Alex Corral
Using the HELOC strategy to buy rentals
I am in the process of obtaining a HELOC on my primary, with plans to buy some rentals. I've been doing a lot of research on how to pay down the HELOC faster using it as a checking, and have some questions as things a...
Marc Woodward
What do I do with this nightmare property?
Hello folks, this is my first post and I would really appreciate some thoughts on my situation... I could probably write a novel on the backstory, but I will do my best to stick to the relevant information...I own a ...
David M.
What does Private Money want?
Hi Everyone. I've been actively investing in single family residential properties for about five years. I've bought long term rentals and short term rentals. I've bought a freshly renovated property and I've bought...
Jacob Reilly
How Much is Seller Financing Worth?
So I have come across a "deal" in which seller financing is an option. However, I am not sure about the numbers, and would like to post it to the BP community for some guidance. The seller is straight forward, and w...
Uneeq Khan
Getting quotes on rehab
Newbie here. Any tips on getting quotes from contractors on rehab? I've sent out photos and scope of work to contractors to get quotes but I get no response back once I send it. I don't have the option of taking every...
Blake Hrabal
How soon after purchasing a home can you purchase another?
I want to purchase my first rental investment property however before that I want to purchase my first home that my family can live in. How soon after purchasing a home will a loan company give out another loan to pur...
Austin Swanson
Perfect BRRRR - Detailed Investment Analysis
IntroductionOn 1/31/2020, I purchased my first two rental properties. One of which I just sold last week, on 5/27/2021. The following write-up is a detailed analysis on the numbers, from purchase and closing costs...
Roy Mitle
Trying to understand cash out refi
Suppose I buy property with cash (to get a better deal, quick close etc). Can I refi with a mortgage and get the same rate down the road?Let me explain. Say price of home is 500K and investor mortgage rate is 4.5%. I ...