Wanted to post my experience in trying to 'wholetail' a property last month in case it's helpful for others. Also ask for any tips from people who have done this successfully.So wholetailing is when you buy a beat up...
Hello! I'm in need of assistance about how to approach one of my tenants about reducing the term on their lease from 5 years to 2.5 years. I'm in the refinance stage of a BRRR and my lender for the 30 yr loan cannot a...
Hi BP community,I own a condo/townhouse in a San Diego beach town that has appreciated significantly since I bought it in early 2013. I would like to cash out the significant amount of equity in it to remodel my prim...
I'm getting a divorce and acquired our property at settlement. I've refinanced my main house and an investment property and am out of ratio for refinancing the last property. I've contacted the lender to request a sim...
Hello, I am buying a 6 unit property. I recently received an LOI from a bank for a commercial loan which states that I have to have a global cash flow ratio of 1.25x and a subject property or borrowing entity cash flo...
Hello,
I bought a triplex last year, and now that I'm cashflowing comfortably I'd like to make some improvements. The driveway is cracked and has a big hole behind one of the parking spaces, so it would probably need...
I have an owner of a free and clear Dump. He agrees to an as is value of 225k and agrees to enter an agreement that he gets paid after the property is rehabbed and sold. He wants 1/2 the net profit for holding off on ...
Investment Info:
Single-family residence buy & hold investment in Orting.
Purchase price: $184,000
Cash invested: $50,000
My first BRRRR property in pierce county purchased from MLS $184,000 reha...
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My partner and I are in Dayton and are currently developing our investment criteria before we jump in. We are looking at the pros and cons of investing in a more dense location closer to the city or a location in a l...