Robert Berth
Tenants left after 1st month, what do I do with the deposit?
We are in Jacksonville, FL. We rented a property to a couple, after the first month they split up. The guy left and the lady stayed for a month while she searched for a new place. She told us that she needed to move o...
Ian Hooper
BRRRR Calculator limitations and work arounds
@Brandon Turner,I enjoyed the webinar, last night, and have been using the BRRRR calculator since I went PRO, last week. We are analyzing a proposed deal and we have questions.How can we use the calculator to factor t...
Paul Koretsky
Seeking Feedback
I posing this question to get feedback on which route I should go. I have options for deals in the upcoming year. I should first tell you where I am at with investing. I currently own a single family rental and triple...
Mike Tacchella
Deal analysis
I'm brand new, this is my first post. I'm an investment advisor in the midwest and have a good friend who is a builder. He came to me with an opportunity that I wanted an extra opinion on. I run numbers all day and...
Jeffrey Townsend
financing after all cash purchase
I just purchased a home at courthouse auction all cash, part of the money was gifted. What financing options do I have to get the money back out? A lender I spoke with said the bank will want to know where the money ...
Sam Gentile
Cash Flow: save and put down on another house, or pay principal?
I am closing on a townhouse next month, and will be renting it out. All expenses a month equal $1400. I will be renting the unit for $1900 a month. Should I save all the cash flow and put down on another house, or pay...
Nick Gann
5 lot park, what do you think?
Looking at a deal for a 5 lot park with long terms renters. All homes owned by the old man who owns park (park owned). All 5 stay rented except one recent turnover. 30 minutes from a good sized metro. City water, sept...
Alex Kernus
Lenders - pros and cons of 20% vs. 25% down for better rates
Hey BP!
Quick math/thought process question - I'm under contract on a $118k SFR. My lender says if I put 20% down, I'll pay 0.5 points for a 3.875% rate, and if I put 25% down, I'll pay 0 points for a 3.5% rate. Math...
Olivia Fowler
Credit partner advice
Hello,I was wondering if you could advise me on how common is a deal like this. I'm using this person as a credit partner because I can't qualify for the loan. My credit partner is the owner of the local investments g...
Eddie Lawal
Pay Cash or Finance?
Hello Fellow BPs...I need your advice!I am looking to buy 2 condos in a "not so good" area mainly for cash flow. Rents are $1000/month. Condos cost 63K and 57K respectively. HOA + taxes is $364/month each and both are...