Bob Mims
Leverage / Using equity
Hello,I own a 2BR/2BA townhome. Since Jan. 2015. I have $35,000 equity. AROI is 15.14%. All in payments are $536/mo. Monthly Cash flow is $439/mo. (no reserves) Is it a sound investment to use $25,000 from existing T...
Don Konipol
Great Quotes I’ve Heard From Real Estate Borrowers in Court
Great Quotes I’ve Heard From Real Estate Borrowers in Court
10. Yes, I did sell the property. But not all the way.
9. I did pay the mortgage. But when the check came back in the mail I spent the money on something e...
Steve Kirsch
Estimating common expenses for a rental property
Hello all,I watched the brief video by Scott Trench regarding how to estimate common expenses in preparations of determining rental income potential and cash flow reserves. He discussed simple expenses such as basic u...
Edward Stephens
Seller Financing w/ Existing Mortgage
BP Family, I want to buy the property at 123 Maple st. with low or no money down from the owner, Joe Seller. 123 Maple st. has an existing mortgage and less than 10% equity. How can I accomplish my objective?Here's...
Oliver Santango
cash out refi on rental property
I have 3 rental property, they all have about 60-90k in equity. I want to take as much equity in them to buy a house cash. My question is can I cash out refi all the property at the same time or do I have to wait? The...
Sean Stewart
Selling our first investment property.. now what?!
We'll be closing on the 30th of this month, but we want to continue the momentum and find the next property. We want to keep the proceeds from the sell for reserves. What would be the best way to begin acquiring...
Steve Richardson
80/10/10 on Investment property?
I am closing on a SFR (as a primary residence) next week and have another scheduled to close in February. I would like to know if anyone has been able to use an 80/10/10 for an investment property. This would be ideal...
Blaine Brown
Introduction
Hello, my name is Blaine Brown. I just finished reading Brandon's book "The Book on Rental Property Investing", which is what led me to this forum. I currently reside in Dover, DE which is where I hope to kick off m...
Jacob Wilson
Banking Software + Organization Recommendations?
Hi BP Community,Working towards closing my first deal soon and wanted to make sure I have all my logistics in order as I near that date. I'm planning to have a separate bank account/accounts for my entire portfolio, j...
Brian Chanax
Real Estate investor on the horizon !
Hey everyone ! My name is Brian Chanax. I'm a 20 year old college student looking to get in real estate investing. I'm looking to network with people in my local area of LA and of course other markets. I'm also lookin...