James O'Connor
Beginner Creative financing
Hi hopefully this is the correct area to post this but I have a scenario I'd like suggestions on how I can acquire it as non owner occupied. I currently house hack a duplex and need to live in it for 5 more months per...
Benigno Cunanan
Does the 1% rule really work when a property is financed?
Does an exact 1% rule property really work when your are financing the property? I can’t seem to make it cash flow when I add in cap ex, repairs, prop management and vacancies. Am I doing it wrong? All seem to just br...
Jean-Thierry Aleman
Mortgage interest deduction when paying cash for initial purchase
I am about to acquire a property using cash so we can do a fast close. I am then going to finance it with standard mortgage. I thought I could deduct the mortgage interest from the loan but read somewhere I can't do...
Arjay Vergara
Getting started on first deal, need advice on finance strategy
Do you guys have suggestions, advice, or comments on my strategy and my insight on REI??My Rundown:- My wife and I want to invest in Buy and Hold Single Family Homes for passive income to eventually retire. We are co...
Max Reznik
40 units in 6-8 years using conventional loans, possible or not?
I have very simple but extremely "it all depends" kind of questions, but if I provide these following details perhaps the answers can be black and white and not so grey.Ok so I'm a starting investor and my essential g...
Aamir Shah
What to do past 10 properties
I have finally acquired 10 rentals. Hooray! Now I'm stuck. All rentals are out of state in MI. I am from CA. The 10 rentals are fannie mae loans. I want to keep buying more rentals, but am stuck on financing. Called...
Ryan Keenan
How to calculate cash out refi
hello bp,What's the best way to accurately estimate what your new loan payment will be after a cash out refi? Also are closing costs for a new purchase the same as closing cost for a refinance ?Thanks for any input!
Breanna Mason
Sell or hold?
Hi everyone!I am fairly new to real estate investing, even though my husband and I do own 2 homes, one of which is currently leased, but wanting to get involved and I have some questions. We are constantly getting pho...
Greg P.
Cash Only Reo's?
Recently purchased Reo Rockstar and they suggest providing a PoF from hard money lenders etc. Most of the REO's on our MLS says CASH ONLY. Does that mean that if I make a offer with a POF from a Hard Money lender th...
Eric Miller
Better to have one $600k property at 70% LTV, or four $300k properties at 95% LTV?
I'm working on part of an investment strategy and I'm curious about having one more valuable property that, either through a large down payment or BRRR method comes in at 70 LTV, versus using creative financing to hav...