Micah Haworth
Making Quick offers While Cold Calling
Hey BP,I have recently started cold calling with the hopes of finding some deals to Wholesale. I'm about a week in and have noticed a consistent problem I have come across. I am not able to come up with a quick offer ...
Levi Perl
Cash out refi now at 70% LTV or season and wait to do 80% LTV?
Hi,
Curious if anyone has what to say in terms of how to calculate which one is more worth it: to cash out refi on a Long term rental now at 70% LTV, and walk away with X amount of positive cash AFTER paying all debt...
Jack Pasmore
The Importance of Underwriting. Is Automation Effective?
Hey BP Community!
I’m diving into the multifamily-apartment investment space, and one thing has become crystal clear: if you can’t underwrite a deal, you’re flying blind. Every great multifamily investor I’ve spoken ...
Don Spafford
Has anyone ever used the Velocity Banking Strategy?
I searched for Velocity Banking but did not get anything to return except for some lenders using that name. I just was introduced to this strategy this week and was curious if anyone has done it and what their experie...
Thomas Lundy
Should I sell or rent out
I'm newbie to all of this. I have a rental property in Austin, TX that has almost doubled in value since purchasing in 2008. I Have had amazing renters for the last 4 years that have said they are moving out. My wife ...
Eric Inigo
Experience or thoughts on Homeroom?
Hello Everyone,
New to BP and real estate investing. Wondering if anyone has had any experience with https://livehomeroom.com ? If so, what was your experience like? They bring co-living to the Midwest and currently...
Joe Pearson
No Reserve + Need Tenant to Afford Mortgage = Too much risk?
So, I'm planning on purchasing a duplex or triplex within Manchester, NH, but my fiancee and I can only afford an FHA Loan 3.5% down and 4.85% interest, 30 yr mortgage, and that will leave us with practically no reser...
Mitch Dowler
Homepath 10% Down Investor Purchase No-Brainer!
I have long had 4 financed properties so I have been paying 25% down plus closing costs for each new investment. I takes time for me to scrape together that kind of money for my buy and hold investment style. Whe...
Travis Williams
New to the forum... my 1st (and 2nd) deals
Hello everyone!! My name is Travis. I've been browsing these forums for a while as well as doing my own reading/research about real estate investing for quite a while. My wife and I have decided to do this as a side...
Evelina Khaimova
My lender didn’t rate lock on time and rates went up
Hi guys. Can any actions be taken against the mortgage broker for not locking in my rate when the rate was still low? We have been trying to refi since November. We are in March and we have submitted everything they a...