Travis Walker
100k to invest. Short or long-term? Single or duplex?
Hi everyone,been listening and reading a lot. This is my first post. I’m trying to figure out the best strategy for investing in my first rental property. I don’t want to get over my head in my first purchase. Sho...
Michael Mastantuono
taxes due to selling a house you flip
I am constantly warned about tax penalties due to selling a house you flip. I created an LLC that I'm going to use to invest in and flip houses. I was under the impression that only the money taken out as a draw would...
Carlos Silva
Need some advice!! Should I retire?
Need some advise. I have 3 rental properties. Two duplex and a single family. I am a month away from paying off the single family which I will cash flow $1900 a month and it worth about 375,000.
Total cash flow wi...
Kevin Owens
Ask Anything! Fannie / Freddie Multifamily Lending
Ask any question regarding multifamily lending with Fannie and Freddie. Topics may include proper expense guidance, COVID-19 escrows and their releases, net worth and liquidity requirements or non-recourse elements. I...
Rolando Rubio
Real state Colombia
Have a nice day,I'm new to the real investment thing, I'm from Colombia, south America, I already read the beginers book that is really interesting an attent to some webminars, the problem is tha here in my country I ...
Robin Simon
What Are Current DSCR Loan Rates? Key Market Movers and How to Track Rates
Ever wondered how to track the market for mortgage rates, especially when it comes to Non-QM and DSCR Loans? Check out my latest article published here on BP!Thoughts/comments/feedback? Did I forget anything? let me...
Ken Bernstein
Cash-out Refi Process
Hello BP Nation,
My partner and I recently closed on a hard money loan to acquire additional properties, and are now working on the exit strategy. We have been purchasing properties since 8/13 and now own 23...
Darren Morrow
MOLD!
I did a walk through of an REO today and it was in decent shape, but the broker said it probably wont be able to go to anyone but a cash buyer because of MOLD!
Any ideas on how much it costs to deal with the mold pro...
Ericka G.
Appraisal came back LOW - now what?
Under contract to buy a really unique property, but the appraisal came back like $40k under the agreed on sales price. We are financing this one, so can’t move forward without the seller coming down.
Seller (investor...
Connor Thomas
How to fix this BRRRR when my ARV is less than planned
I recently bought my first BRRRR and am trying to figure out what I should do next as I feel like I am a bit in a bind. Part of it is a learning process and I have learned a lot for future deals. Another part may be m...