David Lamb
The FLAW with BRRRR -- The 3rd 'R' - Refinance
I'm sure there is a creative workaround but the trouble I am finding with BRRRR model is the Refinancing part!! More specifically, I can't seem to refinance due to my Debt to Income ratio due in large part to BRRRR!!...
Jordan Ryan
Best DSCR loans out there?
Hi everyone just wondering the opinions on the best companies out there for DSCR loans? Trying to buy a 3 family that needs some TLC maybe do a BRRR. I have talked to so many lenders around the same like 7% with 1-2 p...
Richard Rohrbough
Monthly mortgage is greater than rent - What to do?
Hello BP friends. I need your help on what to do with my rental.My monthly mortgage payment is greater than the rent I can get by $150 and the 2023 taxes are going up another $150/month.I’m sure this is a common issue...
Rich Weese
40% loss in net worth in last 3 years
I'm sure many have heard the numbers recently that the median net worth of individuals in the United States has dropped 39% in the last three years. I'm just curious how BP members have fared during the same three-yea...
Gregory Schwartz
Could Redfin be correct predicting 7% interest rates in 2025?
I just read this article from Redfin (Housing Market Predictions for 2025) that predicts mortgage rates will stay at 6.85% in 2025.
That seems like one of the few predictions saying rates will stay that high. Are t...
David C.
When deals are really just "overpriced offerings"
To the group: As more and more "deals" cross my desk and I perform underwriting, I find that the vast majority of these deals are simply overpriced offerings - even in lousy locations, Cap Rates are around 3-4%. Mos...
George Genovezos
IS DFW in a housing bubble?
Hi all,I recently read rich dad, found bigger pockets, listened to podcasts... and wanted to get into RE. doing a little research, it would appear that my timing is off as usual. Homes that where selling for 80k 2 yea...
Sierra Johnson
Market Crash, rumor or warning
What are we thinking about the talk of the foreseeable "Market crash"? I suppose this is all opinion-based and speculations, but it doesn't hurt to hear others' suggestions and strategy. I work with a lot of people wh...
Peter Firehock
Multifamily Market Outlook for the Washington D.C. Metro
Introduction:
My name is Peter Firehock, I am currently an Acquisitions Associate for a multifamily investment fund in Washington D.C., BPG Holdings. Multifamily real estate has traditionally been a stable asset cl...
Frank Barletta
Why I'd focus on Fix and Flip, not renting in Toledo, OH
Honestly, I would have never guessed that this market is actually not great for rental investments and real strong for fix and flips. Who knew?!
Here is the scoop:About this Market: Toledo, OH, emerges as a prime mar...