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Hey BP,I am self-employed and recently purchased a property in cash with cash from my business account. With the BRRRR strategy in mind. The rehab costs have crept past what I had budgeted and am looking for some crea...
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I'm looking to refinance a condo in Chicago that is a rental unit, and I'm finding it difficult to find posted rates for refinances on investment properties as most of the info is for primary residences. Anyone have g...
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I am an experienced investor with more than a dozen properties, a few paid off, all cash flowing, 100% occupancy, not highly leveraged (less than 50%). I have 8 mortgages (5 from banks, 3 contracts). After investing...
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I am selling my investment SFR and executing my first 1031 exchange. I have been approached by other investors offering to take over my low rate mortgage and pay out my equity in cash in exchange for a deed in lieu. ...
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Mortgage & Property details:
Property type: Single family residence (house hack)
Property value: $800k-$830k (based on recent sales & tax assessed value)
Mortgage Term: 30 yr fixed
Principal Balance: ~$507...
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Hello BP! I only just started my RE journey and have been listening to podcasts and reading. I am still pretty confused on how the BRRRR method works when it gets down to the nitty-gritty. If I purchase a property, re...
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Hello,Im debating whether to use NACA or not because I don't want to be stuck for 5 years on a deal without being able to refi. The policy is to stay in the property for 5 years or you pay $25k lien they place on your...
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I stress really because even though HARP 2.0 is supposed to help with underwater or high LTV ratios, investment properties, and all of that, in my experience every lender has so many in-house restrictions that it's vi...
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I've been interested in REI ever since I read Rich Dad Poor Dad 3 years ago. I will be graduating from LSU this August and will be working for a national insurance provider as an employee benefits rep. It's a base + c...
I own a mixed use property in Hermann MO with only 5k left on mortgage. All 5 units currently rented: LT renters $850/mth, Retail Shop space $850/mth, and 3 STRs averaging 6k per month. Last appraisal was Jan '17 a...