Will Gaston
How should/could I ask my note holder for a discount?
All:I have 2 seller financed properties that I am looking to refinance with my portfolio lender to take some cash out. Both of these properties were purchased in early 2016 from two different owners. Note #1 is a 20 y...
James Free
Cash-out refinancing as a cash flow strategy?
Hello BP,Fairly new here, and I had a thought that I want to run by the group. It feels like there ought to be something wrong with this, but I'm not sure what it is.Suppose you're at the stage of life where you're re...
John Sheil
Need advice on refinance to start out
Need some advice on starting. I will be researching more but any help is appreciated. I'm in Denver and bought my house in 2008. Currently, I want to refinance into a 15 year but now I'm thinking of taking 30 year a...
Gabriel Green-Lemons
BRRR'd a House w/Credit Cards. Now No More 0% interest BT offers!
Hey BP family! I've run into a bit of an issue. I bought & rehabbed a house from 1000 miles away using my personal credit line. Now there are no more 0% interest balance transfer offers available from one of my ba...
Joseph Garner
Procrastinating never got anyone anywhere!!
Hi everyone!
This is my first post on here, and probably on any forum come to think about it. I currently reside in Clearfield Utah, a city about 30 minutes north of Salt Lake City.
I’ve been interested in real est...
Alison Fountain
Getting a Loan without a W-2 Job
I recently quit my W-2 Job an am now having difficulty being approved for even a small conventional loan and looking for advice or tips. The details: I own 4 rental homes that are fully rented and together they cash f...
Tom Juhn
Contrarian Indicator
It seems the discussions I have been in lately has been with individuals asking how they can start investing in real estate. They have heard all they have to is put 25% down, put a for rent sign out and collect. That ...
Aaron Tiffany
Limitations on future financing using BRRRR
Hi all, I'm new to BP and have been assertively listening to podcasts and reading BP sponsored books over the last couple of months. I feel I have a good understanding of the BRRRR strategy, how it works, and the sho...
Imran Patel
I need to increase rent by about 50% !!
Hi All,I am looking to raise my rent by a significant amount and need some feedback from the community.Here's the situation:This is my first investment. I bought it in Jan 2016, a 2bdrm/1bath condo in Chicago's north...
Jessica Griffith
Should We Sell or Hold Off?
First post here! We own two properties:
-Our primary residence: $345K left on mortgage (about 28 years remaining since we refi'd 2019). Current rate is 3.875%-Rental home: $225K left on mortgage (26 years remaining s...