Finally pulled the trigger on my first investment property after a 5-month search. The search originally started in Tallahassee, FL; went to Detroit and finally landed in Cleveland. In Tallahassee, the seller and I co...
Hi Guys,I have a SFH in AZ that currently has a 8.25% DSCR 5 year prepayment penalty of 15k. I have a 800+ credit score and a one year lease in place that is 1.00 of the PITI. Current loan balance is 302k. Current va...
I know many people direct mail property owners in the following categories; absentee property owners, behind on mortgage payments, probate, etc. What about text delinquent properties, people behind on their annual pr...
Hi everyone!I'm a real estate in Utah, and I'd love to get feedback on some of the popular lead generation methods that agents use to find new clients. These are some of the methods that I've been considering:-Cold-ca...
Is everyone else finding that loan officers are completely unresponsive and unprofessional? I own 8 SFRs, and am looking to refinance several of them either to pull out some equity or to lower interest rates. These ar...
I'm at a point I'm sure many other new investors in BP are at where significant time self educating has been spent, but are struggling with the lack of experience or network to make some of the strategies and guidelin...
First off, I know I should contact my CPA, but I'm trying educate myself on this matter so I can ask the right questions.
I will try to keep it simple.
"My share" of the deal is as follows:
I have a $1,000,000 Option...
Hello everyone. I'm about to close on a property in Oklahoma City, OK. The property has 3 units, one main house, and 2 detached garage apartments. One of the tenants first rented out the main house and then added the ...
What ratio are you Baltimore investors using to prescreen deals in Baltimore city? In other Maryland counties I typically use the 1% rule and it turns out fine. But with the insane real estate tax rate in Baltimore ...
Hello all, my question is pretty basic but I cannot find a good answer online.
How much will I pay in capital gain taxes?I have a triplex that I bought for 200k 6 years ago, I refinanced to take cash out and now I o...