Val Williams
Buying a 2nd Property, and Renting Current Home
Hi all,Hoping to talk this through with people knowledgeable in this area.I own a 3 bedroom 1.5 bath home in Bergen County. With taxes, mortgage, and insurance my monthly payment is around $2600/month.My husband and I...
Chamara Edirisinghe
Refinancing Rental Property
I have a rental property that I would like to refinance and cash out for a downpayemnt on a second property. I bought this property last month.1.How soon can I refinance rental property after purchase?2.Any one knows ...
Manley Seale
Short Term Rental Cap Rates cash flow and potential sale value
So, i'm trying to analyze cap rates for a STR investment and I'm coming up with two different lenses to view a cap rate.
1. Annual Cash Flow potential from what I'm seeing would want to see a higher cap rate. Is tha...
Adam Yunker
Raising capital
Hey guys! I had a general business related question that goes for all types of businesses, real estate, commerce, e-commerce, etc.My question is about raising capital & I'm sure we all heard the phrase "You need a...
Ryan B.
Contract for working with investors?
Hi new to the forum here. We just started flipping some homes recently and very happy with it.
We are hoping to start looking for some investors to work with us, so that we can afford to purchase larger homes. I ...
Tony Marcelle
House hacking and finding tenants?
If I buy a multi-family property to house hack, how fast do I need to have a tenant in place to start paying their house payments and mine. I am just saying since I would kinda be at the mercy of the tenants paying th...
Venkata Soma
Refi options to pursue for a BRRR deal
Hi Everyone,
I have currently acquired a property in Milwaukee, Wisconsin. I am planning to do a BRRR deal on this one. I have acquired the property through a short term loan with a ballon period of one year and at h...
Doug Davis
Loan terms - what do I need to ask?
I'm no expert when it comes to loans. Below is what I got from my credit union. Is there any thing below you would ask more questions about or be suspicious of? Seems like relatively good terms to me, but I don't k...
Rocky Griffin
What is my 1031 Basis?
I purchased a home for $7500 at auction. I have put $25K into the rehab of this property and am about to list the property for $70K. What is the basis when finding a "like kind" property of "equal or greater value?" T...
Dante Devine
Cap rates across the country
Hello BP, fellow investor located in LA looking for good multi family deals. I have a question. Can't one look at average cap rates across the country and make a pretty good decision on where they should invest? Cap ...