Tara Piantanida-Kelly
Lease options as an EXIT strategy… with a twist…
Hi All,My question is this: can I sell a “lease option package” to another investor? Here’s the scenario I’m thinking of…I: Buy $55,000 property for $30,000 cashPut $5,000 into rehab and closing Qualify and place a te...
Christopher Tom
Buying a home with an ex to pass on to our children
Hello, so I've been talking with my kids mom about purchasing a home, with the intent on passing it down to our children. I'm not sure if this is a thing that people do, but I figured that I would ask. Would we just...
Sandy Salazar
Do you cash out now and hold the money until something good comes
Hi everyone, would love to get some advice for BRRR method. I have a property currently that I want to use for the BRRR method. I can take out about $100K to purchase other residential real estate. Property is current...
Mahmuda L.
Tenant eligibility regarding past eviction
My manager is asking if I (landlord) will allow prospective tenants with no eviction in past 4 years. I was thinking no evictions at all. But what's the acceptable and more common practice here? From a simple online s...
Randi Shannon
Need advice on a deal
Hi! I'm Randi! I am VERY new to all this. Really still in the learning stage. I received a large inheritance around a year ago and I've been brainstorming ways to make it grow, mainly in real estate. I reached out to ...
Account Closed
First Cash Out Refi Deal
Hello BP, I'm currently working on my first cash-out-refi deal with a portfolio lender. The bank will give me 80% ARV with no seasoning period - just need a valid lease. My private lender is a close friend who is ch...
Polly Wu
Time management for out of state REI 4 newbie w/ a full-time job
Hi fellow BP members, My husband and I are new to REI. For our first deal, we decided to focus on a 2-4 unit small residential property in Phoenix AZ, Orlando/Jacksonville FL, or Raleigh NC. Being a mom with a full-t...
Nathan Estochen
Tenant Possibly Selling Hard Drugs
Hi all,I have a 3 unit multifamily in not the best area. One of my tenants has been complaining the past couple months that my inherited tenant has frequent comings and goings of people that look like drug fiends exhi...
Cramer Guzaldo
Wasting time collecting rents
Hey All,I'm new to Bigger Pockets and this is my first question. How do I get my tenants to pay on time in one shot. Now before you go off and say the obvious, let me give you a background. I have 156 multi-family apa...
Kyle Richey
BRRRR: Does a cash-out refinance increase the mortgage payment?
Hi, I'm new to real estate investing and I'm really enjoying the BP community!The BRRRR method seems like a great choice for our goals, but even after watching the BP video on cash-out refinancing I'm confused about o...