Alan Howard
Stuck in neutral because of DTI
Hello BP, I'm a bit stuck as I have about 75K which I was planning to use part for a down payment towards a quad-plex. However, my high debt to income is hampering me from obtaining financing. I've been wracking my br...
Mona B.
"Subject-to" Fix-n-Flip: is it possible?
Hi BP Community! Question: Can you fix-n-flip a “subject-to” property or could you really only BRRRR a “subject-to”? Does the “due on sale” clause go into effect if the “subject-to” property is sold after rehabbing it...
Mark I.
Are there lenders with super low minimum borrowing amounts? <$20k
I can find private and HML sources all day long but the issue I consistently run into is the minimum loan amounts exceed what is needed and the value or purchase price of the properties.Does anyone know of lenders tha...
Kevin H.
5-plex / 6-plex financing? Rates? Availability?
A few of the properties I've been eyeing recently are 5 and 6 unit setups. Some of these have had all of the units under one roof, and some have consisted of alternative designs (like 2 triplex units on the same lot)...
Ishay Blutner
Investment areas in West Virginia
Hey, I want to start investing in West Virginia. Looking for people and investors there who can give me advice in investment areas. And is it even worth investing in West Virginia? Thanks!
Sean H.
Issues with using Non-Accredited private investors
I am speaking with my attorney who is helping me setup the proper documentation for use with private investors. She is suggesting that I do not deal with non-accredited investors because if something should happen to...
Akshay Bhaskaran
SDIRA and BRRR and HML/PML
Hi there!I'm the process of rolling over my 401(k) to a SDIRA for the purpose of Real Estate Investment. I have been reading about the rules and processes of having a rental under SDIRA. It seems so complicated, but d...
Harry Metzinger
Cash Offer
Hi BP, I am currently evaluating a property where I know a cash offer is looked upon favorably compared to purchasing with a conventional mortgage. I am in position to make a cash offer this week. Since the process ...
Christian Wathne
BRRRR in Seattle, Washington (with before/after pics and numbers)
I just finished a BRRRR just outside of Seattle, Washington. This deal had all sorts of complexity. It was an out of state deal (I live in the SF Bay Area), where I 50/50 partnered with a contractor, and got a private...
Aj Parikh
First attempt at Out of state BRRRR
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $109,500
This property would be my 1st attempt at a BRRRR as well as an out of state BRRRR.
What made you in...