Bill Mitchell
Will Cash Flowing Rentals Disappear When Interest Rates Increase?
As the topic states, will cash flowing properties disappear when interest rates increases?
Once rates go higher than 5%+ the debt service on the loan is going to increase. Not to mention the market will likely be le...
Anthony Jones
DSCR Loan for a first time home owner
Hello everyone,Currently as a recent graduate I do not have the W2 history to use conventional loans so my main focus has been DSCR loans. I have the bank statements and reserves part of the loan process secured. My q...
Dennis Powers
why invest in a deal if there is no value add?
Hello BP, Looking for ideas or feed back!So I own 8 properties just outside of Boston, all being rented out as sober living houses. The cash flow is awesome, so good I don't mind paying market value or a little over. ...
Andrey Y.
Deducting my $800 appraisal fee (X2) as an expense for the year
I was just doing my taxes and I realized I had paid for two appraisals ($800 a pop) for two refi's in 2019. Of note, I paid them with a credit card and they didn't appear on the settlement statement at the end.If I ca...
Wendy S.
DSCR loan, Florida Property
Hi BPersSo I'm looking to buy an off market property in Lakeland FL with a DSCR loan. Can anyone shed some light on the area, this loan product and possible recommendations for closing attorneys in Lakeland FL, I'm i...
Mike Levene
Most efficient source to pull funds from for a down payment?
I currently own 3 units and looking to add to my portfolio in late spring/early summer of 2025. I'll be in the market for a duplex/triplex in the $400k range that I will owner occupy and use a 5% down loan. I have som...
Thomas M.
Buying first multi, need some guidance
Me and a few other investors are going in on a multi family building. There's 4 of us, each bringing about 250K to the deal. So we have a million total.The plan was to buy 2 4plexes, but I would like to go bigger and ...
Chad Gibson
I need proof I'm not paying for it!
If I owned a house and wanted to show proof that someone else is paying the mortgage on the house. Would a Lease Option be the best bet?, you know apart from maybe a bank statement. Because I have a $190K house on my ...
Ben Leary
First OOI in a few months! Any tips?
Hello! I am 23 years old and decided to invest in real estate about 6 months ago. I am invested in the stock market and was able to use my mother as a mentor but have no such help when it comes to real estate. Which i...
Karen Tsoka
First Property Purchases - Duplexes in Saint Louis
A little over a week ago my husband and I closed on our first home and first rental properties. We were looking to house hack for our first home in the south city. An investing company my husband is an acquisition ma...