Vincent Reay
Mortgage advice / brokers required for non US based investor
Hi, I am based in the UK and have experience in flipping and BRRR in the UK, I intend to set up an LLC and get US tax number etc. But I wanted to reach out and see if any brokers could give me some idea of the financi...
Emily M.
DTI too high; buying another property in IL
Looking at buying another property; we have 58k a year in W-2 income but the rest is either 1099 (mine--probably about 50k this year minimum if I do nothing for the rest of the year) or else property income (currently...
Jackson Sandland
1031 with co-owned property? What is possible?
I inherited a property with my brother - we're planning on selling and doing a 1031 but can we both 1031 individually? For example and for simplicity, say the property sells for $500,000 we will split the proceeds so ...
Adam Kay
Any limits to buying down interest rate for investment mortgage
As investment mortgages tend to have a higher rate, are there any limits to how much of the rate can be bought down? To make the monthly profit margin bigger, we would be looking to buy this down 8-12 points (2-3%) on...
Gareth Fisher
Refinance or Pay off Debt
Hi guys got a question related to strategic planning.Our goal is to get down to a single income to improve quality of life. One of the options for accomplishing this goal is I am looking at refinancing our personal...
Traci Lovelace
Florida Tenant not giving required notice - what next?
Hi All,This is our only rental property. We have a tenant whose lease ends August 31st. It is an annual lease and requires 60 days notice by the tenant if they aren't going to renew. I reached out to them on July 3...
Sarah Humbargar
Victorian Tri-Plex in Downtown Colorado Springs
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Colorado Springs.
Purchase price: $359,000
Cash invested: $75,000
This property was purchased as a long term buy and hold ...
CJ M.
How much cash reserve is too much?
Hello BP,Curious about something. Most of us have heard about the 50% rule, or saving a % of gross rents for things like repairs, capex, PM, vacancies, etc. At what point do you determine you have enough cash saved up...
Cameron Riley
TENANT TALK!? Landlord Going above and Beyond!
- Name a time, you went ABOVE and BEYOND for your tenant!? - My story: This Christmas, we celebrated with one of our tenants, we bought the kids gifts and we have since formed an even better relationship. It wasn’t ne...
IBEJesus O Prince
Large Single Family - Psuedo Multifamily
Investment Info:
Other buy & hold investment in Augusta.
Purchase price: $144,000
Cash invested: $8,000
I purchased a 6 Bed 3 Bath split level home in which I rent the 3 rooms upstairs to traveli...