Nicholas Hausmann
Springfield, IL investing
I live in St. Louis and looking at buying a property in Springfield, IL. Springfield is only about 2 hours from me, but don’t know much about the market. Properties seem to be pretty inexpensive. Many duplexes are und...
Jayme B.
First STR with $100k or less?
I've been back and forth on the idea of using our savings to invest in a STR. I've read how it has changed people's lives, but have been super apprehensive seeing how saturated the STR market has become since 2020. I ...
Travis Bagley
Refinancing Multi-Member LLC
Alright I never thought this would be the hard part of real estate investing.
I have 2 properties that are owned outright by my LLC. Properties are in the 165K and 170K area so not looking for a micro-loan or anythin...
Robert M.
Certainty of DSCR lending?
I have the opportunity to purchase two short-term rental properties that will perform very well. I’ve been looking for this exact property prototype for almost a year, so I hate to pass them by. That said, I am also...
Justin Atkinson
First time rehabber questions
I have been reading this forum for the last few months, but since I just got my first HUD foreclosure deal accepted this week it's time to plunge in and pick the collective brain of this community.
My in-laws are in ...
Isaiah Bellah
First home. Is this a good investment?
My wife and I are small business owners and are looking buy our first home. We plan to live in it for one year and then rent/airbnb it out. We are using an FHA and putting 3.5% down plus we have an appraisal gap of 1...
Elizabeth Conklin
BRRR opportunity requiring high down payment- what next?
I have a great opportunity for an investment property (small cabin/single family home) in a booming short term rental market in Upstate NY for US$119,000. I had hoped to get a conventional loan and put 20% down but l...
Sandy Hatch
Looking for good financing options on small multi family
I am looking to buy a 2-4 Unit property out of state. The numbers for income where I live just dont pencil out. I have talked to a company called "Flip N Fast Loans". Anybody know about them? They say they offer:Buy a...
Jake Faris
Converting multi-family STR/LTR to commercial motel/hotel - Pros and Cons
Hi all - I have a 3-unit multi-family property (3 bed 3 bath, 3 bed 3 bath, and studio) with an unfinished basement and an attached 2-car garage that I plan to remodel soon. The unfinished basement is 900 sf and the g...
Adam Schellhammer
BRRRR questions
Good day BP community,I am interested in completing my first BRRRR deal, but I am uncertain on a couple of things so I will lay out the scenario below. House is appraised for 290k purchase price sjhould come in at 19...