Brett Shoemaker
1st VR Investment, more ROI on Mountain Cabin or Beach Condo?
As the title states, my wife and I are new VR investors looking for the best ROI and cash flow situations with a consistent occupancy percentage (something greater than 65%). Initially, we've leaned more towards moun...
Stephanie Goodman
Financing rehab - 50 unit apartment complex
I'm considering purchasing a government owned apartment complex that is totally vacant with 50 units. I can buy the property for next to nothing as long as I agree to rehab it, which I'm estimating will cost between 1...
Scott V.
We're told to skip small deals and start big. What about lending?
Hey everyone, first post on BP but been lurking for a bit. I know many people on here have started their REI journey with single family and other small investments. Some "gurus" out there say to skip the small stuff a...
Jonathan Edmund
Cashflow or Cash on Cash Return?
I am looking at buying a property in my market. It's just an efficiency condo and it's currently rented for $700 a month. Tenant in place through May 2021. I ran my calculations on it and if I purchase it and put 20% ...
Dustin Morris
Appraisals, Cash outs, and Refinances
Wanted to get some insight on people's experience with cash out and refinances for rental properties. I currently own 3 properties soon to be 4 next week and I'm trying to look at some of the best ways to cash out on ...
Mike Cartmell
Using Lease Options to sell MH's
I'm fairly certain I read somewhere that people sell mobile homes on lease options, aka Rent-to-Own. My question is how do you structure this deal differently than using a lease option to sell a SFH?
I just ordere...
Jonathan Guerrero
How much are you buying on the dollar?
So everyone knows CA has a hot market. What are wholesalers and rehabbers buying on the dollar? I just listened to Tim Gordon's podcast and he said his buyers are paying up to 80% of arv and that was about a year ago....
Travis Gibson
Should I roll my SFHs into a Multi-Family apartment building
I have been reaching out to investors in my local network in order to gather equity for doing an Apartment syndication deal but it has been slow going. Therefore I was wondering if it would make sense to sell-out som...
Patrick Boutin
Refinancing hard money loan into traditional lending
Hey guys,Quick question as I just got an idea that I wanted to explore. With traditional financing, it seems that 20% down is the norm versus the 3% - 5% lenders may be willing to accept for owner occupied financing (...
Michelle Mapp
How do people make the numbers work in Southern CA?
We recently moved to Southern CA. I wanted to get an FHA loan, put 5% down and purchase a multi-family in Pasadena, CA. I broke out my spreadsheets and WOW - I can't seem to make any scenario actually work, even to b...