Nick Wilson
Need Advise on Cash-Out Refi for 2 BRRRRs
Hello BP!I'm attempting to finish the BRRRR Model on two homes in Indianapolis I purchase in Nov 2019. I rehabed both and both are currently leased. The challenge I've run into is the Cash Out Refi. One has no mort...
Jon Klaus
What would you offer for this big REO?
Big house in the country with very few comps because of its size and location. Bank asking $225k. It's been on the market for 5 months. Needs about $30k in cosmetic work. Built in 2003. Should rent for near $3k/mo...
Piotr Nowak
Can a team work for a broker instead of individual agent(s)?
Hello, I tried to find info on this topic online, but didn't find anything. It's a unique(?) situation, so please bear with me. Me & my business partners already own few non-RE businesses. All of them work like ...
Coty B Lunn
Deciphering DSCR Loans: A Comprehensive Guide
In the realm of finance, understanding the intricacies of various loan options is paramount for both borrowers and lenders alike. One such type of loan that plays a crucial role in commercial real estate financing is ...
Seth Williams
Staying the Course vs. Starting Over
I'm reading a book right now called How Will You Measure Your Life by Christensen, Allworth and Dillon. It's a pretty good book, chocked full of interesting things for business owners to think long and hard about.
Th...
Dominic Scatto
How soon should I post my property for rent for tax purposes?
***Please move post to the correct section, if this is in the wrong one. I apologize, in advance.***Hello,I know there have been other posts about when to post a property for rent, but none address the possible tax ad...
Jorge Ruiz
What do I need to know about commercial loans
Ok BP here I go again...So for now my plan is to pull of the BRRRR method using conventional loans. For now I need to use not only my income but my wife's in order to qualify for a loan. My wife has been hinting at wo...
Vernon Anderson
tenHow to get approved for multiple mortgage? Low income
Want to start investing in rentals. Looking for advice on the process for getting approved for multiple loans. Do I need to show cash flow from each property?
Martin Sterling
Real Estate Properties or Notes?
Which would you say is better for a Buy and Hold strategy or Wholesaling, Properties or Notes? What do you think are the pros and cons of each?I'm just starting out and the way I see it, Notes seem to have more flexib...
Matthew Lindsey
Month to Month Leases with DSCR REFI an Issue
Hi,Does the type of lease term make a difference when wanting to do a DSCR type refinance loan? I have some leases that are Month to Month and I just want to make sure that will not hurt me during the process. Whether...