Steve Lundy
First deal - 3 units in PA - feedback welcome (show your stuff!)
New guy here. Thanks in advance for any help or guidance you can provide. I am looking to purchase a 2-4 unit MFR as my first foray into real estate investing. My goal is to have a property management company manage t...
Corine Haener
Three way split - 2 contributing downpayment 1 taking on mortgage
I'm interested in getting feedback on this scenario:Three people go in on a partnership on a rental property. Person A contributes $30K to downpaymentPerson B contributes $40K to downpaymentPerson C takes on a mortgag...
Jesse Martin
Lease Purchase Risks???
I have a deal we're negotiating. The house has been on the market for awhile, and isn't selling. The property has been fully rehabbed, and is ready to go. We are looking to pick up the property to turn it into a Ai...
Melyssa Peronto
Zero Down Seller Financing
What are your tips/angles to negotiate zero down seller financing?
Sanedria Potter
Cash vs Lines of Credit
Good morning BP,I have a question. When potential lenders are looking at your assets and your reserves, are lines of credit considered? Do they only count liquid cash or will they also count lines of credit. This pe...
Vaishal Patel
How does positive cash flow theory works?
so i have read this on many websites that your property should be cash flow positive..now lets say i buy a house for 250k,i put 20% down and take mortgage loan on the other 80%.My monthly rent would be about 1800$ but...
Chris Hill
Cash out refi on 10 properties?
I have 10 doors. I have lots of equity in all 10. I’m in the process of doing a cash out refi on 5 of them, to pay off the other 5. My goal is to free up 5 more mortgages in my name. This will increase my payments ...
Josh Arnold
Finance or Line of Credit??? How to be ready to scale.
I purchased a house in Feb 21' for 110K. I put 35K into it and just got it appraised at 215 and I owe 90. I can refinance it to 180K and pull out 90K or only get a $50K Line of Credit. 2nd property I own easily has 10...
Kevin DeMaio
Cash Out Refi vs. Home Equity Line of Credit
What would my fellow BPers use to get started off on their first BRRRR. Using a primary residence, would you cash out refi or use a home equity line of credit and why? What would the personal pros and cons be for both...
April Birdsong
First Rental Property Feedback Please
Hi there I am a new investor at the end of my due diligence on a property in middle GA. I need some feedback if this is a good deal or not.2 bedroom/1 1/2 bath, 1380sq built 1960, all brick. Listed $175,000, Negotia...