Andrew S.
Live in rehab house hack story
Hello BP community, I would like to share my story about my first investment property. It's a longer post than The strategy I chose is a live-in rehab house hack duplex. My journey into real estate investing has been ...
Nat C.
A trashed property and interesting propostion.
I recently hired a property manager to manage my Atlanta 4 bedroom house. I just received the bad news that the property has been trashed. It sounds like squatters took residence.
The property manager has ema...
Mike Franco
getting started in BRRRR with $1M cash and $1M+ assets? leverage
I need a strategy.
I'm retired, but never got into the BRRRR. I have $1M cash and $1.5M in paid off real estate assets, no debt, and no 'real' income. 830 FICO.
I want to leverage my assets and start BRRRR to secure...
PJ Kolnik
About to become a Landlord!
Hi all, I’m just about to close on a 3 unit property here in Chicago. It needs a bit of work with one unit I will live in and another two to rent out. Both have current leases that will run out in March and then I can...
Account Closed
How do you protect yourself from frozen pipes?
I hear stories all the time about tenants going on vacation, turning the heat down, and coming back to burst pipes, which seems to typically end up being the landlord's problem. Is this actually as common as it seems?...
Pandu Chimata
Heloc for Investment Property
Hello team, I have an investment property and it has quite a bit of equity. I would like to take an advantage of that equity. Are there any credit unions who provide HELOC on investment properties? Please advise.
Joshua Dorkin
Real Estate Corporation & LLC Structure FAQ
We've tried to compile some of the most important forum posts and articles about using an LLC or other corporate structure for your real estate business.
Check out the most frequently asked ques...
John B.
Little help analyzing a syndicated multi family deal
Hi,Through a syndication portal, I got access to this equity deal (as part of the 86% pool). It's a 52 unit in a B class neighborhood in the Sacramento area. On top of checking the financials, I took a look on craigsl...
Sharon Vornholt
Exit Strategies For Wholesaling. What Is a Double Closing?
What Is A Double Closing?
A double closing or simultaneous closing as it is sometimes called is when you (the buyer) actually take title to the property just before you sell it. This means that your name or the name...
Brian J Allen
Fannie Mae 5% Down Multifamily Loan: A Double-Edged Sword
In November 2023, Fannie Mae introduced a new policy allowing owner-occupant loans on 2-4 family homes with just 5% down, a significant change from the previous requirement of a minimum 15% down payment. One might thi...