Andrew Caldieraro
Steps to buying an off-market property ?
Hi, I’d like to start looking for off-market properties for a buy-and-hold strategy. I’m looking for basic insight on the process and if I’m missing any pertinent information. 1. Have financing in line. 2. Determine...
Thuy Pham-Satrappe
Did you know you can combine your credit lines?
Learned something new today and am super excited to share! If you have multiple accounts with the same company (for example, a Southwest credit card which is through Chase and a Chase Freedom Card) you can consolidate...
Miranda G.
Lenders for Earnest Money Deposit / Down Payment
Before you say 'you should have the money to get into a contract' I normally wouldn't be in this situation but I've just closed on a property that was all cash 2 weeks ago and a friend calls me on a property that's tr...
Ernest Ho
Sewer Pipe Repair Question
Earlier this year, I bought property that was originally built in 1927. I've recently had some drama in dealing with sewer pipe repair, and I would appreciate your advise.Soon after my tenant moved in, she encounter...
Chad Hotovec
BRRR Financing Opportunities
Alright BP'ers. I've been reading books, listening to podcasts and am about to do my first deal. I'm pumped and ready to move onto my next deal. Which is where my problem is. I've been reading about the BRRR strat...
Frank Rodz
High income earner with rental properties, pay off mortgage(s)?
My AGI is over 400K and am ~10 yrs from retirementBought a home 2 yrs ago, which is currently with 400k loan at 3.75% for 30 yrs and second loan as a line of credit with 122k at 6.24Have two rentals bought about 9 an...
Shawn McCarty
Buy & Hold
Hello, I am trying to pickup my first buy & hold (first real estate investment period)... I have some potential properties, I have some people who would lend hard money based on the deal alone. My only problem is ...
Bobby Pagliarini
Making the switch from residential to commercial
Currently have 3 residential multifamily properties (9 units total) they cash flow about $2,500 a month and there is close to $250,000 of equity accessible through HELOC. Getting into commercial real estate investing ...
Bruce Scannell
I need multifamily insurance for complex in Garden City Michigan
I am currently reviewing the purchase agreement for a 26 unit in Garden City and am trying to line up some of the necessities. I have been getting quotes from companies I found by just googling commercial insurance br...
David G Vreeland
Wraparound Sale Tax Consequences & Depreciation Recapture
Trying to structure the purchase of a property at favorable terms for the seller in order to negotiate a lower price.
Property: 2 unit for $300,000 (property is worth $350k)
Seller Initially Bought it for $100,000 y...