Russell W.
Some Brrrr financing questions
I'm hoping to further my understanding using the brrrr strategy from a numbers perspective and explain my current situation. Bringing all cash limits my buying power for the properties I'd like to get into which are ...
Alex Bro
Hotel to multifamily?
Possible deal I am looking to make happen with a rundown hotel. The issue is I don't see it viable as a hotel anymore, but the deal may still work if I can convert it to multifamily. Does anyone have experience doing ...
Leland L.
Infinite Banking?
Last week I met with a local financial adviser. I informed him that I'm a real estate investor, so he suggested Infinite Banking as possible financing option. The infinite banking sounds similar to using $401k or IR...
Bruce Cash
Pay cash for total price or take loan?
Hi thereAlthough I have been a landlord for three years, just recently I have given serious thought to get into real estate investment. I have a realtor who is an investor and seems to be very good at it. It seems the...
Account Closed
My 10 unit has a time bomb balloon payment and I need to move it. Ideas???
Hello everyone,I manage a 10 unit complex here in north Georgia. We just had a commercial appraisal come back at $850,000. We owe $518,000, but it's a balloon with 3 years left. We are trying to figure out how to move...
Alex Gunya
Should I let my real estate goals influence my job search?
Hi BP,I am graduating from university at the end of this month and am interviewing for jobs all over the country. My current goal is to generate enough cashflow through MFP to be able to "retire" by the time I am 30,...
Felix Boecker
Question to all Beginning Entrepreneurs
Hello! I am trying to survey people coming from a W2 and going into an entrepreneurial life for a new coaching program I am putting together. Would appreciate any insights you have on the following:1. What are the big...
Ross Carpenter
Need Financing Advice: Going From 3 Properties to......
Hey Guys! I have been involved in commercial and residential RE over the past 10 years and have accumulated 4 single family properties (three rental and one primary) between my wife and I (Title: one in my name, two i...
Nick Wilkinson
Buying duplex at 100% LTV! Over-Leveraging or Good Deal?
Hello all,
I am currently the owner of 2 duplexes, 1 conversion and 1 side-by-side. The conversion was purchased using a down payment of 20% and cash flows $525/m. The side-by-side was purchased 100% LTV (zero percen...
Patrick A.
Delayed Financing / Cash Out Refinance
Hey BP World,NEW TO THIS REAL ESTATE WORLD....BUT we are looking to buy a house and may not be able to get pre-qualified for mortgage due to work history with current Non-Profit (Self-Employment) not being established...