Adam Craig
Is refinancing rentals with LendingOne my best strategy?
I am a BRRRR guy- I have 27 rentals and counting. About 20 of them are financed through local commercial banks. Several years ago I called 30+ banks in Ohio to find 3 lenders who did my first 20 deals on a commercial...
Jacob Graul
Why I am scared to be financially independent?
Ok, this is going to sound very different but.....I am not quite exactly where I want to be with my goals yet at 26 years old (10k a month cashflow on PAID OFF properties) [NO DEBT] but I am however VERY VERY close. I...
Andy Chen
Steps for dividing the lot with properties
Hi all, can someone give me some guidance on splitting the lot. I have attached a conceptual diagram for reference.I am adding a new detached structure to a lot with existing structure in the front. (Still in the perm...
Kevin DiMaggio
Pay off first home with house hacking or invest in another?
Hi there! Looking for some advice, so I'll try to provide as much info as possible. My fiancée and I purchased our first home in 2017, and accidentally stumbled into about $125,000 of equity with it. It was a foreclos...
Joseph M.
Is a 15% Cash on Cash Return Realistic Long Term?
I am currently setting up my goals and would like to be realistic in my projected returns, because a couple of percentage points make such a huge difference.My goal is to use $60K of my own cash from income or to use ...
Lucas Bonasio
Paid cash for 5 rental properties. What now?
I have purchased cash 5 sigle-family rental properties in Texas (I live/work in New York).
The investment for all 5 properties together was of roughly $550,000. All properties are now rented, generating PROFIT of $35...
Wade Stahle
Rental Income during market decline
Hello BP,I have a question for everyone who has experienced a market decline in their local area. Say I am investor with 20 units and those buildings decline in value by 50% over a short period of time. What happens t...
Account Closed
Landlord came by to take photos with banker. Is this legit?
Random question regarding if this is a regular thing where a bank comes by with the landlord to take some general photos of apartments for annual reviews or something. He didn't snoop around it was hallway and living ...
Kenji Tominaga
Pending closing the deal due to the current tenant not leaving
Happy Friday!I'm currently in the process of closing my first primary residence deal in NYC, and I would like to ask for a piece of advice to the community.The current tenant of the Seller failed to move out by the cl...
William R.
My first BRRRR
I close on Monday for my second BRRRR property. My fist was a 3 unit building, so a bit different, this one should be easy. I am a buy and hold investor, so lots of people ask why I don't flip it. I am investing for...