Matthew Roberts
Hard Money / Line of Credit
Is there a particular strategy that makes more sense if you're going to finance through Hard Money or Lines of Credit with a high interest rate? Current situation is possibility to get up to $200k of financing with 0%...
Zachery Buffin
Throwing it out there, What would you do?
Alright guys, I like analyzing deals and this one is a doozy, this guy wants out desperately and I might take it honestly. I have no assets or teams built up in Florida but that is not an impossible hurdle. I think ne...
Jim Jack
Little equity scenario
Say on a typical lease option seller has very little equity and you try your best calculating closing costs, then you assign your lease option to a end buyer and walk away from the deal but what if later when the tena...
Julian Wyer
Help. How do I manipulate the BP rental Calculator for my home?
e.g. I would like to plug in the current single family home I own to see it's rentability, but I'm not sure what numbers to plug in for the loan amount, down payment amount, apr, etc. Since I'm not purchasing the hous...
Ray Brown
Are these BRRR Terms good? bad? or average?
Hard Money offer on the table right now...Purchase Price: $35,000.00Amount Owed: $0.00Rehab Bid : $50,000.00As Is Value: $35,000.00After Repair Value (ARV): $130,000.00Credit Score: 720Experience: 0Broker Fee: 3.0%Loa...
Doug Kolt
Is a HUD Partial Claim Mortgage forgiven in a sheriffs sale?
Hello Everyone! I'm looking at a property coming up soon for Sheriff's sale. The primary lender has foreclosed on the property and initiated the Sheriff's sale. Through a title search I found the previous (current?) o...
Kim Leduff
Boyfriend has a much lower credit score
Hi BPersMy boyfriend and I are looking to refinance and since he has a lower credit score overall, we would save money and interest by using my better score. The difference overall would be about $3,000-$6,000 in clos...
Anurag Mishra
Cash on Cash return in Sacramento
Trying to get some feedback from recent purchasers of multifamily in Sacramento area. What can you expect as far as cash on cash return is concerned for 8-10 units MF property. I am seeing listings with 6-7% pro-form...
Brian Pellerin
Advice on Multifamily Partnership Structure
Hi, I do SF rehabs and rentals, however, an acquaintance has suggested that we team up for a MF deal. He's already got 4 properties with 32 doors and a management company. I'm seeking advice on how to fairly setup...
Travis Steinemann
Baton Rouge BRRRR #3
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $83,587
Cash invested: $54,749
Awesome single family that a family inherited and leased to a family member, they mo...