Giman Kim
Cash-out refi to buy a new home
Hi, As interest rate is dropping with impending federal reserve's announcement next week, I feel like this is a good time to tap into equity in my investment property in Cambridge, MA 02141 and maybe purchase another ...
Kathleen McCabe
FHA Loan with Foundation Issues - Help!
Hey BP fam :) I have a duplex under contract in an amazing location (Lower Greenville, Dallas Tx). I've been very excited, the numbers are looking fairly good and I feel this is an amazing opportunity. There are tenan...
Thomas O'Donnell
What Steps Should I Be Taking?
Hello everyone! I am currently seeking some guidance from those of you who are more experienced than I am. I currently do not own any properties, but have spent months and months educating myself on real estate invest...
Brendan Finney
Buying 4-unit Rental Property with 3.5% down
Hello, I am 23yrs old & currently saving money to purchase my first rental property using an FHA loan. I have a few years to go but I have been doing research for a few months now and want to be fully prepared bef...
Robert M.
Parents loaned me down payment for duplex, I sold it, now who pays capital gains?
In 2016 my parents loaned me the down payment for a rental property ($150k toward a $600k duplex in a midsize East Coast city). There were no formal terms or expectations - it was just "here's the money, don't be dumb...
Austin Fruechting
Duplex Under Contract - Flipping, Karma, & A New "Toy"
I have a duplex under contract to close April 28th, and I'll be flipping it for a new toy. The toy is an expensive one, and WAY more than I could justify spending. So I thought "What if I flip a property to pay for it...
Matt Powell
BRRRR Strategy - I don't get it.. what am I missing?
Listening to @Brandon Turner's webinar on BRRRR, and his first example looks like this:Buy house for $70,000Rehab: $30,000Closing costs: $2,500Total cost: $102,500Appraised after rehab for $141,000Refinance: 80% ($112...
Rich Weese
good news for landlords-bad news for RE market
I attended a high income seminar today. The sad part was that the seminar title was Strategic Defaults! The speaker was very high powered attorney in swfl that has been doing these for a couple years. The stats came f...
David Maldonado
Adu financing options?
Hey y'all,
Anyone know of or have experience financing an ADU? From what I have been researching, their are renovation fixed rate loans like homestyle loans that fund the ADU but don't display the rates on their site...
Account Closed
Is it really this easy?
I have been listening to some of the podcasts, and I've stumbled upon this financing option for B&H through private lenders. I want to know if I understand this correctly, so please chime in if either I'm right o...