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Results (4497)
Nick Brubaker Refinance my rental?
3 August 2020 | 5 replies

Hello all,
I am trying to decide if I should jump on the historically low rates currently and refinance my SFH rental.  I put financing on it last year (15-year fixed) at a 4.375% interest rate.  The rate I currently...

Basit Siddiqi Are my Loan Fees Excessive?
10 August 2017 | 7 replies

Hello Everyone,BackstoryMy 2 friends and I created an LLC to acquire real estate via financing.We got into contract with 2 houses with a purchase price of $115,000 and $112,500.We communicated with a lender(or so I th...

Tony Stancato Analyzing Property financials
17 January 2017 | 13 replies

Just curious how one with much more experience would go about determining whether this deal is a good deal or not.  There are some things that seem low such as repairs and vacancy allowance. 

Marty Summers Contacting an owner outside the real-estate agent
7 August 2017 | 11 replies

Hey Community,Is it ok for me to contact the seller directly outside of talking to the listing agent of a multi-family or single family investment opportunity?I recently went to the assessors website, found the owners...

Tenzin Yangzom How to use existing home as income to get new mortgage.
18 December 2014 | 15 replies

Hello everyone, my name is Tenzin I have a high ranch house in Suffolk co NY without any mortgage.. I am a stay home mother and my husband has started a new company beginning of this year, he is very busy and doing gr...

Account Closed Convert Special Warranty to General Warranty
29 May 2024 | 7 replies

Hi this is my first post and I have been reading all the useful information on this site.  I am happy to see that most people at BP are very helpful towards their fellow investors.  I would like to know by what proces...

Tarek Demachkie How to wholesale a storm damaged house?
17 February 2016 | 12 replies

We got a lead for a storm damaged house in Dallas. It was hit by a tornado two months ago. The neighborhood is great and only few homes were hit but the rest look great across the street. The house is severely damaged...

Michael Mignogno Who is responsible for destruction to property, the PM or Owner
13 October 2022 | 20 replies

Hello Everyone, Recently in one of my STR homes, the tenants cause major destruction to the property.  It looks like they rented it for 2 days and went wild.  Holes in walls, broken bathtubs, smoking weeds in the hous...

Chris Armistad Land contracts
17 February 2014 | 16 replies

Hello BP,
Need some advise on how to properly fill out a land contract. Is the deposit amount required added to the sell price of the home when I'm trying to flip it. Any advise about this process would be greatly app...

Christian Wathne Working on 4th property; issues now with DTI, how to get funding?
22 January 2023 | 22 replies

Hi Everyone, Looking for your great advice and experience I'm working on acquiring a 4th rental and am concerned that a bank won't finance me because I'm already approaching the 45% DTI limit. I'm calculating this by ...