Phillip Vaughan
The seasoning period
Hello, I was hoping to get some clarification on refinancing with a conventional mortgage. I understand that banks will usually refi up to 75% or 80% LTV, but I have a question about the seasoning period. Is it true ...
Ace Goodrich
What would a buyer want to see in this deal?
Hi BP community! This is the first investment I've done and it's currently pending offer acceptance. Although I would love to handle the management on this (the cash flow alone is nearly $50K a year) and the propert...
Sam Josh
Do you live in a fancy home?
How many of you live in fancy homes? I have kept mine modest as I have invested my capital in RE but I am contemplating upgrades and renovations. How do you guys balance the needs of personal lifestyle vs RE investmen...
Blair Boan
One duplex or two SFR?
Simple question that has been nagging at me. Im sure there are multiple caveats to the question but I will try and keep it simple. Why do most investors say that the money is in multi family?Example:I have an opport...
Account Closed
Best lesson you've learned with single and multi family rentals?
As a newbie, would love to hear the best lesson you've learned so far with single and multi family rentals!
Christian Rojmar
Completed deal with some hickups along the way
That was a ride! Acquired a SFH in Overland Park, KS in July of this year and did a decent sized rehab – gutted interior, added HVAC, and added a bedroom. With COVID in full effect, much of the m...
Eric Johnson
New from Independence, KS
Hello Everyone,I live in Independence, Kansas.My wife first brought me to live here 10 years ago and I fell in love with it.It is a small rural town with lots of history.It has one of those old downtowns that run alon...
Cierra Isley
How much to charge for furnished apartment?
I have a 2/3 bedroom apartment in a two family house in Bridgeport CT. It has 3 official bedrooms, but no designated living area. The house is newly renovated with central air and heat, all new appliances, and granite...
Nigel Dollentas
New Member from Alabama
Hey guys,I joined simply to learn more about REI, as a way to increase cash flow, shorten time till FI, and as a learning experience. I want to thank in advance all the helpful members I expect to hear from :)
Sheila Reyes
Torn and Confused- Need to Decide Today!
I am in the process of buying my first MFR duplex for $569k- newly renovated. It is a duplex on main level and basement, plus another unit on second floor.
We had our inspection and there are several things that need ...