Chris Roche
BRRRR Cashout refi, minimum 6 months?
I am researching buying a property using the BRRRR method. My strategy will be to buy using hard money, rehab using my HELOC (lower interest than hard money) and then cash out refi on the back end. Two Questions:Do ...
Falgun Chokshi
Self Storage Deal - Vetting???
I'm vetting a 12 unit storage facility in PA, which has two additional parking spots for rental. Asking price is $329,000. It has a new roof and significantly renovated exterior walls and new garage doors. No security...
Jared Sandler
Important Questions for a Hard Money Lender
After finding an HML that will lend where your prospect house is (most will only lend in major metro areas or have steeper rates if they do lend outside metro areas), I would ask these questions:
Are you a direct len...
Aaron White
Do you know an investor friendly bank for multifamily?
Does anyone have any recommendations for an investor friendly bank for LLCs to invest in small multifamily properties? (between 2-15 units) My area of investing is NE Georgia starting from Athens up to Helen, GA
Nick Giarratano
Cash out ReFi options?
We currently have 2 duplexes and looking to expand our portfolio by using the BRRRR method. We have enough money in HELOCs and cash to fund the purchase and rehab steps. However we have been having trouble finding a l...
Hannah Noble
Buying a Condo on Leased Land
I found a 2bd 2ba condo in southern California (orange county area) in a very desirable area, minutes from the beach and a downtown area. It is definitely a fixer upper (mostly cosmetic), but has a lot of potential fo...
Ed Brownstein
Cookie-Cutter Solo 401k plan from discount broker?
It appears that some of the brokers have cookie-cutter Solo 401k plan agreements for their customers. Reading through the agreements the plans allow for Real Estate & loans. I know mysolo401k.com allows their pl...
Ryan Underwood
Buyback FNMA Mortgage at less than face value
The face value of any given mortgage note hinges upon a few things, but lets consider it's a 1) conforming, 2) performing, and 3) in the green meaning favorable LTV. Now let's assume it's a 15yr conventional mortgage ...
Jennifer Dixon
Accuracy of rental comps
Hey ya'll! i'm a pro member with access to the rental estimates. I've noticed BP rent estimates are usually under the rentometer rent estimates. Which do you think is more accurate, an avg of the two? BP? I tend to te...
Patrick Flanagan
top mistakes made when buying a smaller apartment complex?
Hello! I’m looking to buy a smaller apartment complex(16-24 unit) but not opposed to smaller or larger. Just curious what were some of your top mistakes that you learned from when you started buying apartment complexe...