Kevin Hunter
Best rent collecting platform/method?
Hello BP community! Just reaching out…what is currently the best method/platform for collecting rent from tenants? Is anyone using zelle, Venmo, etc? Or is it best to stick with ACH of some sort? I know of some websit...
Stephen Benskin
how much should i save up??
Hi, I'm wanting to get into real estate buy buying a 2-4 multi unit here in Colorado springs sometime in the next few years. I was wondering about how much money should I have in reserves if anything happens, for a...
Tom Server
Bill slip for envelope for money orders or personal checks payment
My tenants were used to paying cash, since the property manger used to live near by and would go collect. Now I am the landlord and live 2 hours away and switching the payment to be mailed to me by money order or pers...
Bailey Fait
Down Payment Lending or 75% LTV full purchase
Looking for options to assist with a home purchase. Approved for the max allowable conventional loan, but looking for ways to fund the DP. The scenario is for a home listed at 1,095,000 with the ARV being at or around...
Matt Sullivan
Does anyone use online rent payment websites?
Has anyone had any issues using online rent payment websites? My wife and I are looking to start a Property Management company for both our rentals and others. I'm trying to figure out if is just easier to open up a...
Rick Bradd
SDIRA buying partial note payment stream?
General question about the "leftover" funds in my SDIRA. Say I have made some investments secured by a deed and a promissory note and I have some leftover funds sitting idle in my IRA account, earning basically nothin...
Pat Arneson
Rehab Costs and Holdback
If I intend to fund the rehab with my own cash, do I need to disclose my rehab budget? I’m seeing lenders holdback this amount. It’s showing as increasing the loan amount although monthly interest payment stays the sa...
Cosette Trantow
Able to leverage 100%, but should I?
Hello everyone! I hope y'all are enjoying your day. I would like some advice. I am able to get a VA loan and buy a house with no money down. I was originally thinking about using an FHA loan so as only put 4% down, bu...
David Lamb
The FLAW with BRRRR -- The 3rd 'R' - Refinance
I'm sure there is a creative workaround but the trouble I am finding with BRRRR model is the Refinancing part!! More specifically, I can't seem to refinance due to my Debt to Income ratio due in large part to BRRRR!!...
Adam Wigdorski
General advice on building slowly
So I’ll lay out what I’ve done so far and my goal.My main issue is time. I’ve gotten the “brrr” down to about 4-5 months. Looking for little more speed in the process and maybe advice on how to really kick it in gearI...