Miho Y.
DTI ratio 70%! Can I still get conventional cash out refi?
Dear lenders, I put too much down payment on my multi unit as a buy-and-hold. I am receiving cash flow from this and needless to count on depreciation I am totally capable of cash out refi. However, according to my le...
Tye Mitchell
VA loan questions and help
Im asking this one for a friend. One of my marine corps buddies recently bought a duplex using a VA Loan. The property is great and producing him great cashflow but he just got a promotion with our company and needs t...
David McCauley
New to BP! David McCauley
Hello all! I just joined BP! I've been watching the podcasts for awhile but decided it's time to join. My name is David McCauley. Im from and live in Tappahannock VA, about an hour east of Richmond. I bought my first ...
Andrea Sealey
Calculating Rehab Costs, Taxes & Insurance Using 4 square method
Firstly: Can one typically get traditional bank loans that include the expected costs to fix the property? What financing routes are best if the investor doesn't have the rehab cash on hand? If one is able to obtain a...
Dawal Limbachia
2% rule before buying a rental property?
Hello everyone,In one of the BP podcast, Brandon Turner said that the 2% rule works for him in general. According to him, for example, if the property is listed for $100k, then the expected rent should be at least 2k ...
Austin Fox
Raising Rent - Best Method
Hello BP,Im reaching out for advice as I am unsure of how to raise rent with my tenant. It's a month to month verbal agreement with a good friend of mine. He pays every month and we've had no issues for the past 7-8 m...
Richard Moro
First deal, Duplex in Northwest Indiana (nwi)
As the title states, I am looking into my first deal. It is a Duplex in New Chicago Indiana, Basically north Hobart. Here is the address, 3612 Michigan St, New Chicago, IN 46342. I am nervous, exited, and looking for ...
Taylor Dame
1031 vs LOC vs hard money- What to do?
I own a property that is paid off and has a value around 160k and has a cashflow if about $600/month.My goal is to increase my monthly cashflow by leveraging that property. So far the ways that I thought of were the f...
Ric Weidner
feedback on our flip
hello BP'ersI'm not going to get into the drama of what my wife and I are going through with this thing.I am looking for honest feedback with how to deal with this, so here goes.we have a house on the market right now...
Ryan Franklin
Roles of the different required team members in a syndication
In putting together your syndication team, what are the roles you feel are the most important in creating a highly successful syndicate and what are their individual responsibilities? Here are a few team members I'm e...