Matthew Dovner
Potential rental deal but having trouble with #'s
Ok so I have been doing a lot of reading on rentals and I know the 50% rule is the standard rule to go by when analyzing these deals. I have a potential deal on a 2 family house for 375k but needs about 60-80k to b...
Andrew Zannotti
Refi after using Hard Money
Hello all:I purchased my first duplex last month and my plan is to BRRRR it. I plan on going in and doing all of my renovations in July after the last tenant moves out for a value-add. I've heard mixed things about wh...
Michael Gelatt
Refinancing my duplex
Hi all. Looking for some advice. I purchased a rental property last year that is titled under my LLC. I purchased the property with cash after I took out a HELOC on my primary residence. I first transferred the mon...
Yuni Arti
foreigner borrowing money
Hi all,
I am a foreigner and wanted to get into us property market. I have been trying to find info about foreigners borrowing money to buy IP? however havent found no luck at the moment. does anyone know where or o...
Mitchell Loukusa
Newbie in Buffalo, MN
Hello,I'm Mitch Loukusa, a newbie real estate investor in Buffalo, MN. I'm in my final semester of a Mechanical Engineering Degree, so up to this point I have been learning through reading, listening to podcasts, etc....
Account Closed
General advice for my (potential) situation
I stand to inherit ~$200K in the next, say, five years. No guarantees, but it looks likely.I'm 50, I owe $80K on a 3/2/2 with comps at around $110K in a decent neighborhood with excellent schools in a typical working ...
Michael Krassos
Northern NJ Newbie
Hi all, been listening to the podcasts since inception and reading books for months now. Just joined the BP website and find these resources AWESOME!
I am ready to take the plunge and invest in Single Family Homes a...
David Reeves
Is a refinance smart in this market?
Hello! I am currently trying to make some smart moves with my current home. My idea was to refinance my home for the current market value or under. My home was bought for 235,000$ and according to redfin the current m...
Kyle Dutson
No $ Down BRRR.. Will It Work?
Okay, so I have a perspective 6-unit property I may buy. It has been on the market for a while (9 months) and through communication with the seller he seems ready to get out and move on. The property is in fairly goo...
Brian Plajer
Can you use HELOC to pay off HELOC?
Hello,
I have a HELOC that I'd like to use for purchasing long-term hold rental properties (hopefully multifamily). The HELOC is interest only for the first 10 years followed by interest and balance payments for th...