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Working through numbers on a BRRRR with a property that we want to use as a STR. Anyone with experience in doing so? My thought is that when trying to refinance, the lender is going to want to see a monthly LTR number...
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I've had a successful, albeit short, career in insurance sales and am looking to transition into buy and hold real estate investing. I currently live in Ohio where property taxes are high (40th out of 50 states). My...
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Hello BP community!Looking to purchase a $110K townhome with existing HCV/Section 8 tenants ($1350 rent, $1000 govt $350 tenant) with my LLC.Loan amount would be under $100k assuming I would be putting 20% down, unles...
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Are there any real estate agents out there performing lead generation by building list and skip tracing for contact info? Any recommendations or best processes? What skip tracing tool would you recommend? I would imag...
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Hello Experienced FolksI am newbie to BP. I have made some investments in CA in the past (own 4 SFH including primary). In restrospection, I made several mistakes though I am not yet at a loss owing to investing at th...
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looked at a home that requires a lot of work. maybe around 25k worth of work.
the current asking price is 69k, but it's been 69 for over a year.
it would be a steal to get it for around 42, but my mortgage guy said...
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@Ethan Summers, @Cornelius GarlandGreat day BP fam,Writing to inform you guys of my experience with a company I found here on BP. I hired the company, Blip Leads, to perform some cold calling for me. If any other memb...
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Hi All,Just got my loan package back from a lender and the fees for this refinance seem very high. Can anyone provide some context on whether all this stuff is reasonable?My credit score: 760Subject property: SFH in ...
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Hi GuysI'm a newbie and I'm confused with regards to the BRRRR strategy. If I'm looking for financing, do I use hard money to purchase a home, complete rehabs etc and then refinance using the bank's loan and to pay ba...
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I just found out that in PA it's illegal for a lender to have a DSCR loan under $301k with a prepayment penalty. Since most DSCR lenders require a prepayment penalty it's been difficult to find refinancing options for...