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Hello BP community,Looking for some advice here. After home inspection 3 big ticket items came up:- Major repairs in roof. Roofer & 1 GC already recommended re-doing, both with similar estimates of 20K for an 900 ...
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Hi! Looking for advice -
We are in a lease through the end of May 2022 but really want to get started on our REÍ journey. We plan to purchase a duplex and owner occupy for a year in hopes of buying a SFH afterward a...
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Hi, fellow STR investors
I have a question on systemizing the ordering, distributing and monitoring cleaning and kitchen supplies for STR operation and would love to hear your inputs:
As my portfolio increases, I st...
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I recently bought a duplex in Milwaukee, WI, which came with long-term tenants (6+ years in each unit). Upon further qualifying them (I goofed and was not aware of estoppal agreements at that time), I have discovered ...
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If this is in the wrong section, apologies.My mother passed in Septemeber. She had a trust, which this account was transferred to prior to her passing. This is an IRA that is part of an AXA Annuity. This was originall...
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Hi, We have purchased 2 rental properties in Illinois and have put 25% down on each. Where can we borrow money and lower our down payment? We want to continue to purchase but at this rate it will be difficult. Than...
For folks here, any thoughts on how the multi-family market coming to terms with the recent Coronavirus disruption? I was middle of a deal but not sure if I should wait it out at this point in time. A couple of intere...
Hi guys So I was reading a few forums and newbies just like me were asking if a property’s rent roll would cash flow positively based off of the mortgage price they’ll have to pay (the mortgage price with everything i...
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Ill try to make a long story short. After doing about 6 months worth of homework I was almost ready to jump in, currently living near Tampa, FL my family was going to sell our house with a lot of equity and make a mov...
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Hey BP!
Hope all are well and family and loved ones, too!
My question is regarding a refi/cash out on a multi tenant with 37 units, based on rent roll and comps, my loan broker and I estimate the LTV to be conservat...