Dreton L.
BRRRR VS. FLIP - Hold or sell
Morning! One of my properties in Vegas is driving me insane. I bought it a year ago and it basically breaks even right now. It can cash flow if I vacate the tenants, rehab it and increase the rent. I’d like to tap int...
Wilkerson Joseph
First property under contract. Advice on financing
Hello Everyone!After countless hours spent on locating, analyzing, viewing properties that matches our ideal guidelines, we were finally able to do so this past Friday! The property is located in the Wilson Manor subu...
Ephrem Bekere
how hard is it to refinance? What do lenders look at?
When looking at a refinance, what do lenders look at? Do they just look at the rental income and refinance it based on that? Or do they look a your credit score and your W2 income? As a 21 year old with 2 part time jo...
Patrick Gledhill
First Deal - STR Pensacola
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $190,000
Cash invested: $39,000
Contributors:
Caleb Drake
Turn-Key Air BNB in Pensacola in the outs...
Lawrence Walcott
Refinance options on Condo
Good Morning,
Looking for some advice and options on refinancing on a rental property. Two years ago we transferred form Washington State to Virgina, we bought a condo and put money down. Maybe not the best move but...
Hai G.
HELOC for Rental Properties in the Bay Area
Hi BP,
I have some equity in a rental property in the Bay Area that I'm looking to make use of. All the lenders (mostly banks) I've contacted do not offer HELOC for rental properties. Has anyone found success with cr...
Kyle Smith
Rehab Loan Financing Options
Hello Bigger Pockets,
I am looking to rehab a duplex in Canton, OH. Currently, the duplex is under owner-financing with the previous owner. I do not want to refinance the property because of the current interest ra...
Nate Barbee
What would you do?
"We're not broke, we just don't have any money." -Phil Knight: Shoe DogWhat would you do? I'm going over options on a cash-out refinance. I've been expanding in secondary markets the last 24 months and putting every b...
Lacey Mitchell
refinance cash out and rate term
My husband has a duplex that he bought years before we were married and I am trying to figure out our best options for this rental. He bought it in 2007 for 220,000 and his mortgage is 1,600 a month. He rents one side...
Alex Sinunu
DSCR Loans on purchase of dispensary
Hi, I'm exploring the purchase (less than $1million) of a cannabis dispensary in Southern California. The building is currently owned by a reputable cannabis retailer, so the sale would be a sale/lease back. They are ...