Alejandro Lee
Buying without an agent
Hi BP community,So i found a property off market and the owner would like to sell without having agents involved (due to commission, etc) What are some of the things I should look at? I usually work with agents and ha...
Heidi Wallingford
REI anyone want to help walk through this with me?
Hello - A property I've had my eye on for a while just came on market in my area, it's bank owned. Back taxes are $16K. Asking $350K, 1800 SF; definitely needs $100K+ reno, really could use a gut reno, although roof l...
Steven Denio
Understanding Delayed Financing Exemption
Hello All I'm looking for more information on the delayed financing exemption in regards to the BRRRR strategy. Does this apply across the board in all states or do some states not honor this rule? I'm in the Oregon a...
Wen Chen
Questions about tax write off's for rental property
I just bought my 1st rental property last year and need some help with what costs to file for tax return.Turbo Tax asking to escrow fees for following categories:Abstract and recording feesLegal fees, title search, do...
Jack Ni
How investors got 100 doors using BRRRR strategy?
I hear a lot of investors talking about Buy, Rehab, Rent, Refinance, Repeat to get as many as 100 doors. The number don't make sense and how do you refinance? Here is the math. See if I am doing this right, Buy a hou...
Craig Steltz
Recently Purchased 2 foreclosures - Questions on financing
I recently purchased two foreclosed condos that I am renting. I purchased the condos using a home equity line of credit. Now I would like to convert these to a mortgage in order to allow me to purchase more properti...
Jeff Diem
Cash-Out-Refi lenders with short seasoning period
A Colorado investor researching SE Michigan where I grew up. Looking into value-add buy-and-holds both single and multifamily. Can anyone recommend an asset based lender who has short seasoning periods on cash-out-ref...
Clarence Gong
Property tax issue in Cleveland
Hi BP family,I am a new rental property investor from overseas. I have a question regarding the property tax and it may sound very basic.Let’s say the flipper bought the property a year ago for 100k and paying a low t...
Miguel Ochoa
How much to take out after BRRR
when doing the refi after the rehab. how much do you guys pull out of the property? I currently have a home that I owe about $300k on and am building an ADU in the back after the building the ARV should be around $800...
Hoa Nguyen
100k profit on first deal
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $50,000
Cash invested: $20,000
Bought an FSBO for 50k in 2020, put in an additional 20k for repairs and updates. Wa...