Jacob Trogan
Focus on Equity or Cash Flow for my First Property?
Hey there friends, so I am working out my strategy and what I want to do for my first property. I need some help. I may be too realistic or just too uninspired but I am assuming for my first deal it will be good but n...
Mark Butler
BRRRR Financing Question
Quick question: A year ago, I bought 3 SF rentals for around $125K each (in Kansas City). Each property is on a 15 year note with a traditional loan and they cash flow around $200/mo for each unit.I was planning to p...
Chris Seveney
Owner Financed Deal - is it worth it?
Here is a 10,000 foot view of a deal that was brought to me. All of the information pertaining to income and expenses needs to be verified. The homeowner wants to sell due to age and health issues as they were also se...
William S.
Need help on BRRRR deal
I'm struggling on the refinance portion of this potential BRRRR deal below:Purchase Price: $30k cash (10% private money interest only)Rehab: $30k (LOC/credit cards). I do full rehabs, plumbing, roof, electrical, windo...
Bryan Hancock
What is the Highest Your FICO Score Has Been?
Does anyone track their FICO score? I know we have some competitive folks on the forum so I was wondering how high your score has been historically.
Any takers?
Jason Schmidt
What does "Other peoples money" really mean?
I am starting to wonder about this - if I were to pick up a $125k piece of property, say, this month, is there anyway to go $0 out of pocket? Or is there always going to be something that costs me? Such as $5k for i...
Clarence Johnson
***HELP*** Fire in building, tenant filed suit for illegal eviction and security deposit question
I May my one of my parents tenants in Compton, Ca caused a fire in one of their units which caused fire damage to their unit and water damage to the lower unit and adjacent unit. The fire departments report determine...
Ryan Collins
Maintaining Credit While Using the BRRRR Method
So I threw the idea out to my father about BRRR'ing out his home to get a jumpstart with his investing career. He's got a very nice home in a Cleveland suburb that he owes roughly $55k on and it would appraise probabl...
Edward Zachary Samperio
VA loan closing costs and down payment
I want to purchase a multi-family home using my VA loan. How much total cash on hand is recommended to have before buying? Say I want to purchase a property worth 300,000 - 400,000, what is a reasonable amount of cash...
Jesse Holmes
FINALLY we closed on our first duplex
Hi. My name is Jesse M. Holmes, and it's been so long since I've posted here at BP, I thought a reintroduction was necessary.
Maybe some of you remember this fourplex I was trying to buy. As it turns out, my ...