Adam Drummond
brrr.. refi amount??
almost finished with my first brrr property. i own it outright, and when it's finished it will appraise at close to $135-150k. would you take out the max amount when refinancing, or play it more safe?? my initial ...
Luke Casamassa
New Member from Reading, Pennsylvania
Good evening fellow BPers!My name is Luke, and I currently reside outside of Reading, PA in a log cabin in the middle of nowhere. I made it here through a friend when I learned that he was, in my eyes, magically livin...
Kristina Lugo
203k Loan for multi-family first-time homebuyer
I plan on using a 203k to purchase and renovate a 2 flat that I plan to live in for a year or so. I’d like to BRRR it and use the funds to purchase the next, investment property. Is a cash out refi or HELOC a better o...
Juan Carlos Castillo
Negotiating my first deal! Help!
So I've started my search for my first property and with the help of my family's realtor came across a duplex in an up and coming neighborhood (high rises are being built like crazy, it is within 5 minutes of Fort Lau...
Shamim Toufighian
Cash flow logic for owner occupied fourplex
I'm hoping to purchase fourplex in Los Angeles to owner occupy at some point in the near future and have some questions regarding the unit I'll be living in and what I would need to be putting in "rent" wise. Let's sa...
Hobart King
Indiana Tax Sales
Hi Guys,I'm planning on going to at least one Indiana Tax Sale coming up in the next few weeks. You can check out all the dates and times here (http://www.sri-taxsale.com). I have a few questions for those that have b...
Eric Bousquet
My first hoarder house deal!
Hello Everyone, My name is Eric, I'm a General Contractor and REI from the Western MA/Springfield, MA area. I'm about to put an offer in on my next property and I was hoping to run the details by everyone and see...
Calvin Kwan
2 Properties - Which do I choose?!
Hey Guys!I have a bit of a dilemma. There are 2 properties that I am interested in with different offer due dates. Here are the key details using the BP rental calculator!Property A:Monthly Cashflow: $516CoC: 5.04...
Account Closed
Charge for burned carpet if I was going to replace it anyway?
So I will have a tenant move out soon. There are burn marks on the carpet in one of the bedrooms and one of the kids confirmed that her brother way 'playing with fire' -- this scares me. But anyway, should I charge ...
Oliver Miller
First Timer Struggling with the Math
Hi, I am a first time buyer looking to break into the rental market. I have been looking at multi families for about 6 months now and the one building I want to make a move on has so many variables that I am having a...