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Results (10000)
David M. Refinance current home as first rental?
25 March 2016 | 2 replies

Hello BP Community. I am looking for input on whether or not this would make sense to someone with a bit more experience than I have. I am thinking this might be the least expensive way at the moment to start out in R...

Justin Palamara 1031 exchange on a property with mortgage and heloc
29 November 2023 | 34 replies

Hi all. Got a fuzzy question i cant seem to get clarity on. I own an investment property that i have a primary mortgage on. I also recently got a heloc on the property but havent drawn down on it. I am considering a 1...

Katie Landis help please ~ 2 Questions. 2nd deal ~ Pittsburgh, PA
18 November 2022 | 16 replies

Dear BP community,This will be my second investment property. I have two main questions 1) financing; 2) whether to leave the home an unofficial Duplex (it has Licensed Neighborhood Commercial zoning) or convert to a ...

Jerry D. Cash out vs Heloc vs do nothing advice on financing
8 December 2011 | 15 replies

I am at a crossroads and need some advice.
My goal is to have enough income from my rentals to quit my job and manage full time. I think I am about 7-10 more houses away from acheiving this goal. Currently I have 9 re...

Eric Tofte Tenant Claims they Paid Rent
10 October 2016 | 7 replies

I've provided a drop box for tenants to pay rent in the laundry room of a 12-plex I own.  On the 5th of each month I empty the drop box and take the payments to the bank for deposit.This month I received 11 of the 12 ...

Jeremy Phillips Private lending
28 August 2016 | 12 replies

I have an apartment building that I want to purchase its annually cash flow is $66,300.  If we raise the rents to the average rents in the area it could possibly net annually $85,000.  It needs somewhere in the neighb...

Andy Chen Land Contract vs Paying all Cash
8 December 2018 | 13 replies

I am interested in a Land Contract for an investment property in Michigan so more funds would be available for additional property purchase. If I am able to pay cash on a property, say worth $100,000, what are the con...

Brian A Kosinski Refinancing a VA loan
16 March 2019 | 6 replies

Hello everyone,I will preface this by saying I am new to the real estate world and have little to no experience at all so if what I am asking is not possible, or stupid, feel free to say so.I am in the process of find...

JonPaul Kessinger How much reserves should I keep?
25 May 2022 | 11 replies

I am looking at purchasing 3 duplexes, but the 20% downpayment is going to eat up all of my current capital. These will be my first deals.  My wife and I are currently employed and have large savings. Should I pass on...

Ronald Fontenot Jr DSCR Loan Length
1 August 2023 | 11 replies

I've found a 4 plex that has piqued my interest. It's recently remodeled and vacant, but ready for renters. It has one 2/2, two 2/1s, and one 1/1. I've run analysis conservatively and it seems it will cash flow fairly...