Sean McDonnell
Down Payment advice for a SFH w/ in-law suite
My wife and I are in the process of purchasing our first investment property. It is a SFH with a separate in-law suite that we are planning on renting out on Air B&B or to a long term tenant. We are amidst the bi...
Adam Martin
What happened to interest rates
I know rates have been climbing which I expected but on Monday I was pre-approved for a rate of 5.125. I call today to verify the rate before I make an offer and it shot up to 6% in just a few days. Does anyone know...
Bryan S.
Propane tanks for Grill Refills
Hey BP!
How have folks been refilling propane tanks for their grills? I've been having a team member handle this for a while, but came across the delivery service 'Cynch', used it this on Monday this week and it was ...
Gabriel Isaac Hazout
Hard Money Lending to cover mortgage downpayment?
I was wondering if getting a hard money loan to cover the down payment of a traditional mortgage is a viable option. It would increase the leveraging potential. Would you guys recommend pursuing such a thing, or would...
David Nino
financing after leaving job to do real estate full time??
just wondering how to get financing for mortgages after I leave my 9-5. I have been using the BRRR strategy past few years but when I refinance banks always rely on my W2 from my 9-5 job. Any info on how to get aroun...
Max Ratner
How do I get Pre-approved?
Just listened to EP. 481 of BP podcast with Brandon Turner and David Greene. WARNING LENGTHY!I’m 23 with 5k in the bank. $1,000 in an emergency fund $4,000 in a growing 3-6 month/down payment fund $2,000 credit limit;...
Colleen Prescott
What do lenders usually require for a down payment?
I’m curious to know what lenders usually require for a down payment on multi family properties? Is it usually 20% down with a certain amount in the bank in case renters are not immediately found?
Also, do loans differ...
Jacob Eikenberry
Knob and tube wiring
Anyone ever replace knob and tube wiring in a rehab? If so, general ballpark of what it costs to replace? I’m in Iowa office that helps with market cost. Thanks!
Tony Asbille
Seasoned multi family owners with 200 plus
Been at this multi family thing 15 plus years. Have 400 plus units. I do not syndicate. Looking for other mature seasoned owners to discuss ideas, issues etc.
Thomas Beard
Can’t get umbrella insurance
I tried to get an umbrella policy added to my home owners insurance and was denied due to a recent claim. What other insurance options do I have to protect myself from liability? Can I get an independent umbrella poli...