Jerry Ellis
Finance Strategies to Add Properties
I’m sure the question is on the forum somewhere but I’m unable to find it.I understand the idea of flipping a house by taking something in need of repair, updating, etc. performing that work, and by doing that adding ...
Raghuraman Krishnamoorthi
Tax Consequences: Cash out refinancing on rental property
Hi, This is my first post to this forum, so apologies if this question has been previously asked:I am currently converting my primary home into a rental (the property is listed for rent) . However, I would like to cas...
Tom Smith
How much to put to down to get the BEST returns?
How much to put to down to get the BEST returns?Should you always put in 20% down, or is there another percentage to put down to get the best returns? Let's use an example:$80k purchase, $1,200 rent/month. Total inter...
Hari Mann
Cash-out refinance of 35 condo units in Holly Hill, FL
Hey BP! My REI company has been lucky enough to experience growth these last few years and have recently closed on a purchase of 35 condo units in cash. After decreasing expenses, improving some of the units that need...
Barbie Melendez
Calculating "income" when house-hacking
I am a newbie who is seriously considering house-hacking or purchasing my first small multifamily property (Newburgh NY and Providence RI areas) or as a full rental for cash flow. Our CCC is -- Newburgh NY or Provide...
P M
What rates are you getting for 60% - 75% LTV Investment Properties?
I am looking at some inexpensive condos in a lower-income area offered for $54,500. With lending being what it is these days, I am thinking of going in with a $20k down payment for a $34,500 mortgage. My spreadsheet...
Sean Laird
Good Banks for BRRRR refi in Memphis, TN
So I'm just starting out trying to do BRRRR in the Memphis, TN area. I'm doing a pretty good job of building a team but I have yet to find a loan partner for the cash-out refi. Any advice or recommendations from tho...
Heather D.
Hard money reserves?
Do all hard money lenders require a reserve? I've just started talking with a hard money lender and they want at least 20K in reserves before moving forward. They claim it's standard. My credit is good, my debt-to-...
Benjamin Andrew Pogue
Renting vs. Flipping- Pro's and Con's
Hi all,I am just getting started and am ready to get some properties under my belt. I am a little unsure of what direction I want to head. Could you please tell me the pro's and cons of flipping vs. renting? How to...
Alfredo Nunez
Should I sell or use the property as collateral?
I have a property that has around 100k is equity if I sell it. I want some ideas to invest this in the South Florida Market more specifically Broward or Miami. My other option with this property was to use it as colla...