Account Closed
Refinance question BRRRR
The BRRRR calls to refinance, but this will increase mortgage payments? So how is the increase amount factored in? Also can you take all your money out or do you have to leave at least 25% in the deal?Current mortgage...
Juan Mora
Pending - In Review - BRRRR in Lemon Grove, San Diego
I have been watching from the sidelines for a few months now and narrowed down what home I can buy and renovation budget. Looking for feeedback on this potential deal:1832 Englewood DriveLemon Grove, CA 91942Purchase...
Zachary Bellinghausen
No 3x rent income, but $100,000 from house sale.... Yeah or Nay?
I have interest in a property in Salt Lake City from a Medical student and her partner who is also a medical student. Rent is 1400 a month and she will be receiving $2000 a month for tuition/living expense, her partne...
N/A N/A
Private Funding
Hi everyone,
Are there any new/seasoned investors out there using private funding? I'm trying to figure out how to approach my potential investors - they are doctors. Can anyone suggest any "script" that was helpful...
Maya Martin
Newbie with a few questions on next (first?) steps
I have 1 door that is completely paid off. Its generating about $400 a month cash flow. I really would like to get into buying a few rentals/BRRRR. My current rental is being rented out and needs a few repairs. Wish l...
Paul M.
2nd mortage when 1st mortgage is an ARM
I recently saw a HELOC application that asked if my first mortgage was fixed. Will HELOC lenders deny the application if you have an ARM?
Account Closed
Alternate strategy for mitigating risk on investment properties.
I’m curious to find out if their are other BP members who have adopted this kind of strategy. I’ll caveat but saying that I have a few primary goals that are driving this strategy so bare those in mind.Goals:1. Be han...
Bill Mason
Advice to invest in Austin, TX Townhouse
Hi All, new to BP. I was hoping for some advice on questions below, thanks in advance!Context:-brother is moving to Austin to work at a company in east riverside area. His preference is to be close to work. I figured ...
Chris Seveney
Note Investing Under-Discussed Topics
For note investors, what are the topics you feel are not discussed enough in the note space ?My top 3 are:1. Understanding and evaluating risk as part of your due diligence in calculating bid price2. Due diligence on ...
Ken Latchers
Short Term Rentals - Obsessions
The following are obsessions I see from owners about running their STRs. They gross tens of thousands in revenue, but go into a rage (Baba Yaga?) when a few dollars is at risk. The law of averages says that there will...