Chrystal T.
Columbus versus Cleveland
Hi everyone,I'm looking to invest in some rental properties in Ohio because of the affordable prices and high cap rates. There's a lot of talk about both Cleveland and Columbus, but I'm wondering if anyone has studied...
Christopher Brown
Financing for $6m lease-up storage facility
I'm considering selling my existing storage facility and trading up to a larger one. Tough market to find a good deal in, obviously. I'd have about $2m to roll into a new deal. I've located an off-market deal for a...
Amy Clark
Wholesale Marketing
Im a newbie in Denton Tx and I'm looking for opinions on direct mail marketing. I've started driving for dollars and am creating a list of possible leads. Bandit signs are not allowed in my area.
I have postcards re...
Matt Steele
Re-fi FHA -> Freddie Mac Home Possible Program
HI BP Folks!I have been looking into either paying forward my FHA loan to get out of PMI or refinancing. I have found some interesting calculators. Basically I could pay an additional $750 to principal and get out of...
Diane Tycangco
Hard Money Loan First Then Refinance
Hello Everyone! I was talking to an investor who told me if he bought my property, he would borrow money from a hard money lender for a few months and then refinance with a regular lender. Why would he do that when ...
David Nutakor
Is this a good investment property?
Hi All:I am getting ready to buy my first investment property and l have provided the numbers below:Sale Price: 190000Est. Rent: 1245Monthly Fees: 112Debt Service (Mo): 770Interest Rate:: 4.5%Down Payment: 20%Loan Ter...
Luis Castro
Looking for ideas and advice
Hello,I currently own two rental properties, one in Honolulu, Hawaii and the other in Navarre, Florida. Both are rented out and producing income. The thing is that I have very little cash reserves and I am worried tha...
Ian Bruesehoff
Leasehold till 2050, worth it? (2B2B) (300ishk$)
Hi everyone,
AirDNA is projecting $113k projected revenue, 84% occupancy, and a daily rate of $370. HOA $1120 a mo.
OPEX $31k, NOI $82k, CAP rate 25%.
I currently own & operate two STR‘S in SoCal USA, both fe...
Jennifer T.
Do you always try to cash out the max LTV? Which of these 2 lenders would you choose?
I am trying to cash out refi a property and have narrowed my lenders down to 2. Which one of these DSCR loans would you pick? (Or keep shopping?)
Yes I know it's not a perfect BRRRR and I can't cash out everything bu...
Jordan Lagrassa
loan amortization
I recently built a house and with the loan it was for 300K for 30 years . I have heard of you make one extra payment per year to principal it would cut down your loan to about 18 years. My question is does anyone know...