Jay Scott
$700k equity 2.7% what to do... Not a real estate guy!
My wife and I own a 5 bed, 4ba 3200sqft on 1 acre in suburbs east of Seattle, bought 2013 for $385k. Refinanced in 2019 at 2.7 with some cash out, house appraised for 1.1 mil at that time, we owe $350k. This is our on...
P.J. Bremner
SoCal Buy and hold lenders - couple of quick questions...
Hey BP,I have been making tons of phone calls with local banks, over 15 now and have yet to run into someone that is lending non-conventional residential non-owner occupied "portfolio loans". I did run into a guy tha...
Aaron Lathan
Multifamily Homes Already Rented Out
Thanks in advance if you make it all the way through!I'm new to real estate investing. I recently moved from San Antonio to Houston and have successfully rented my first home (using a property manager YAY!) I'm look...
Ben Stoodley
Hard Money Lenders - Why do you not use them to leverage your deals?
Hi All,I have found the vast majority of Real Estate Investors do not use a Hard Money Loan as a source of funding their deals simply due to the fact that they do not know enough about the process. In the RE Investmen...
Tim Farmer
Multi-Family Cash Flow possible in Los Angeles?
BP Community,Has anyone has success in acquiring Multi-Family properties in the LA area that cash flow upon purchase? How did you find these deals? Am I going to have to suck it up and buy a property that operates a...
Krystin Aversa
Lender is Against FHA Loans
Hi BP Members! I am currently looking to purchase investment property, and have been pre-approved with the credit union of which I am also a member. The loan package has a very favorable interest rate as well as addit...
Robert Hidrogo
I want to make an offer but don't want to seem unreasonable
Hello BP family, I am looking to make an offer on the following property:Condominium 2 bedrooms2 bath1,204 sq ft patio with storage, near pool, wood floors, washer/dryer, fridge includedseller wants $1,850 per month a...
Jonathan Escobar
Subleasing/ subletting to decrease living expenses
I'm currently wanting to get a 4-plex and house hack it. At the moment, I am unable to do that. For the time being, my wife and I are just renting until we are in the position to do so. We are renting a 1 bed 1 bath a...
Danielle D.
How to finance a Multifamily/mixed use with no NOI (empty)?
All,I'm looking at a rundown mixed use 4 unit upper, retail lower. Tenants currently don't pay rent (because no one enforces it - building owner has died). I'd evict, gut it, renovate and rent. Is my only option ha...
Jaclyn Lignos
Disney/Orlando Vacation STR
I know the "golden rule" for Disney vacation rentals is: SFH with a private pool. That being said, I am also exploring some more modest, but turn-key properties in the area...specifically looking at townhomes in Lucay...