Sam Valme
BRRRR Calculator
Hello BP Family! Gotta love the "Related Forum Discussions" tool. As soon as you think you have a novel concept, its there waiting to let you know someone has done it before haha. Which is actually good because I got ...
Bryce Y.
Record second lien to do rate and term refi?
Hey guys,
Here is my situation. A couple months ago I purchased a SFH for 57.5k, put 6k into rehab with a loan of 50k. It will probably appraise for 85-90k, so at 75% LTV it will come out to about 64k lo...
Patrick Parkinson
Rid fear of debt to grow portfolio for passive income.
Hi all,Only recently discovered this whole word so excuse the ignorance. Curious for assistance here. In my personal life we avoid debt at all costs and have a paid off primary residence, don’t use CC’s etc. Relativel...
Jonathan Warner
25% down smarter for a rental property?
I've been getting the advice that putting 20% down, when available, is a smarter choice than putting 25% down, all in the context of rental property purchases. The reasoning seems to be that a) 20% down keeps more cas...
Ronald Valverde
How to analyze an owner condo conversion to rental
Hi all. I'm new to the forums and starting to dip my toes in Landlording this year.How should I analyze my live in condo owned for 9 years. I feel it should be calculated differently from a new investment? I'd like to...
Ashby Tyler Cappelmann
Turnkey Property Analysis
Hey guys!I wanted to get some advice from some more experienced turnkey real estate investors. I'm currently reviewing the purchase of some turnkey properties in northeast Ohio. The company is very reputable and recom...
Pat Eliason
Sell house or continue as rental- Military
Looking for advice on a property we own in Virginia. I am a Naval Officer and we purchased in Chesapeake, VA in 2007 for $417,000. We moved from there in 2012, thought we'd be back (plans changed- we are not going b...
Jordan Rhoads
Is it too risky to do my first BRRRR deal in Florida right now?
My goal is to purchase my first BRRRR deal this year. I have a $82k HELOC and South Florida is looking like it could be a solid market. Is it too risky to do my very first deal during this pandemic in a virus hot spot...
Havan Surat
5% downpayment lender
I came across in rent to retirement podcast that there is a 5% downpayment option for investment properties from a credit union. Does anyone know the name of credit union and used it for lending to buy investment prop...
Daniel Dietz
Pledging/Assignment of Collateral???
Hi,
I have talked to my banker a bit more in regards to a couple of properties I have looked at, analysed, and am interested in making offers on.
For a bit of background, I am short on 'liquid cash'.......