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Results (3162)
Adrian Hollifield Confusion on how HML dispense loans for rehab
20 January 2020 | 12 replies

Hi everyone,I’m looking to use a HML to fund the rehab and 70% of the purchase price of a SFH. My contractor has given me his bid and asked for 25% upfront payment to start work. Here is where my confusion is. Will th...

Karen Margrave NAR Guidelines -Realtors, Contractors, Home Inspectors, Title
23 March 2020 | 2 replies

The NAR (National Association of Realtors) just sent out this communication to Realtors yesterday, Saturday the 21st. It covers various concerns of real estate agents, MFR property owners, Mortgage lenders, etc. 
For...

Thomas Q. Ability to maximize cost segregation - investment type
23 February 2020 | 2 replies

Hi everyone, lurker for past year 1-2 years, finally posting.
Background, physician in the middle of fellowship, expect to make around 230-240k income as an attending. Knee deep in student loan debt more than most ot...

Cameron Lam Newly acquired 6 PLEX in AZ. Need Advice!
2 March 2020 | 4 replies

Hi guys!
I recently acquired a 6 plex in Mesa, AZ that consists of small studios and 1Bed/2bed units.  The units range from 350-600 sq feet and we are in our inspection period.  The purchase price was $460K and am us...

Joshua Rawe FHA 203K in Chicago - Agent Says it's a No Go on Multi Unit
8 May 2020 | 8 replies

Hi All,
Pre-approved by lender for 3.5 down on FHA. Shopping for a house hack 2 unit in Chicago. Want to do low down payment and maybe 203k loan. Lender suggested it and was fine with it.
However, my current agent s...

Kyle Moore BRRRR + Airbnb (short term rental)
14 January 2022 | 13 replies

Any success stories combining the BRRRR method and Airbnb? This is a topic I do not see discussed here very often. I have two Airbnb properties that cash flow phenomenally. More than double what a long term tenant wou...

Jeremy Karja Can you BRRRR a turnkey property
6 August 2020 | 7 replies

Hi BP,
Can you BRRRR a turnkey property? At least pull out a majority of your investment? Obviously depends on scenario etc but generally speaking.  I know it depends on goals and the goals is keep as much of my cap...

John Thaxton Mortgage from private lender
21 February 2015 | 12 replies

I have a property under contract in a cash deal. I would like to put a mortgage on it as soon as I can to free up cash for follow-on opportunities. I am familiar with the cash out financing rules if I try to financ...

Annette Hibbler What's Your VantageScore
16 July 2013 | 6 replies

I recently heard about VantageScoring and did some research. Thought I'd share what I found here with all of you.

What's Your VantageScore?

Since the 1970’s credit bureaus have used FICO scoring as the main model...

Hyunwoo Shin How soon can you buy 2nd Investment property?
21 January 2019 | 22 replies

I'm in process of buying a house right now. I wonder how can I buy the 2nd home soon?I put 20% DP on this first home so my pocket money would be low after the purchase.How did you experts expand your portfolio after t...