James Krell
Brrrr financing options
My partner and I are doing our first brrrr. Here’s the numbersPP 150,000 Hard money loan-135kRepairs-15kSigned lease of $1650 per month.ARV 220k My hard money lender offers two loans that keep the property in the Llc....
Adrienne Bryson
Buying first investment property
Hello BP! I'm hoping to pick you guys' brains. This would be my first real foray into both renting and flipping.Background: Husband and I currently have a home. I'm working with a seller right now that I originally pl...
Adam Beckstetdt
What do you shoot for on a per door rate of return?
I know I want to focus on multi family buy and hold but I have not made a purchase yet. I plan to purchase a few this year to get my feet wet and find out a good cycle of dealing with tenants. I plan to do my property...
Mani Swagath
What happens to SFH rental income during recession ?
Am a SFH rental investor, though, relatively new. I have not seen the prior recession(s). Would like to pick the expert brain of yours on specific questions pertaining to rental income during recession :Do tenants typ...
Sai Santosh
Converting attached garage into a studio unit
Seeking advice from those experienced in property conversion! I have a 4-bed, 2-bath Single Family Home with an attached garage in a class A neighborhood. My plan is to convert the garage into a separate studio unit (...
Ross Bowman
Newbie Analysis Feedback Requested: Sanity Check please?
View report
*This link comes directly from our calculators, based on information input by the member who posted.I'm looking into my first potential rental purchase. One thing that's concerning me is ...
Account Closed
Taking out equity in this market, how much for 1st time investing
Just before this pandemic I made my mind become a professional investor. Question is we are about to approve for disclosures cash out refinancing. Now I am a little worry take out about 140,000 cash without knowing wh...
Zak Parks
Cash Out Refi -BRRR
Hey BP. I currently have a triplex under contract in upstate South Carolina for about 75% of what I think it's worth. My plan is to pay cash for this property and then do a cash out refinance on it because I think it ...
Mikky Alfaz
Buying investment properties with minimal downpayment
I’m just starting out by purchasing a 4-bedroom house on an FHA loan with great interest rate in 01/2018. I do want to buy other properties with minimal downpayment possible. I know I’m only allowed one FHA loan, and ...
Chad Reynoso
Refi half way through loan??
Hi Fellow BP members. I’ve got a couple questions regarding my multi-family property in CA. I have roughly 13-14 years left on my original loan and with todays interests rates and dramatic property value increase I ...