Tim Budrick
Trying to Dump a SFR. Help!
I have a SFR house in a plighted neighborhood where the mortgage is more than what it's worth. I have rented it out for several years and made about 200/month on it. I currently do not have a renter in it and want t...
Sophie Mia
How quickly can you refinance (with new appraisal) after a property purchase?
Hi everyone,
Let's say I want to buy a property with the 3.5% down payment FHA program which would leave me with a large amount of mortgage insurance to pay every month.
If I buy the house under market ...
Darian Richardson
BRRRR: Refinancing Seller Finance Balloon Note
My Fellow BPERs and BRRRR Connoisseurs,I need your advice and expertise.Currently, I am looking into an off-market deal in Lawrenceville, Ga. The property is in need of repair ( roughly $22k in reno), with an ARV of $...
Craig Hanlon
CASHFLOW VS EQUITY
If your purchase earned you 20-30k In equity. Would you still consider purchase with a 6 percent return cash on cash. would be buy and hold property. just starting out here and not too much experience figuring out the...
Andy Collins
When The Maintenance "Gremlins" Hit, They Really Hit!
I have 5 rentals that I have owned for several years now, all 'cash cows' throwing off money, with few maintenance problems.Since Christmas, I have had to replace the water heaters in 3 houses, had the blower motor an...
Tehseen Baweja
Help me analyze this duplex
All,As I embark on my journey to learn about REI, I was wondering if you guys can help me analyze some numbers. I am NOT planning to go forward with any deal right now but want to analyze as many as possible to learn....
Andrew S.
AHP servicing - anyone use them for servicing notes?
I'm interested if anyone here has done business with AHP Servicing in the capacity of SERVICING rather than for investing in their funds. There are a couple of threads on the investing activities, but none on their s...
Sasha Tetera
Seller doesn't move out on time
We are in the contract with a senior citizen who has asked 30 days to close so she can move out. We followed up through the month and she assured me that she will move out on time. We are due to close in 3 days (Septe...
Wendell De Guzman
Rent to Own a Shortsale Deal - what am I missing?
I have a lot of experience doing rent to own in the past but the way I acquired the properties is through subject to. I have a rent to own opportunity in a great area of Chicago called Wheaton. However, this will b...
Greg Watson
Investment Property Refi Advice
Hi All, I'm looking for a little guidance on refinancing my long-term rental here in Bend OR. I've looked into a few brick and mortar lenders and haven't had anyone come close to the rates I can find through online op...