Gualter Amarelo
I am about to close on my 6th door in 6 months, but am not sure what to do next!?!?
Hello All!!
I am at a point where I think I have used up the extent of my "easy" traditional financing. I have 5 doors cash-flowing $1k per month of relatively passive income and I'm working on tying up an SF...
Dawn Wilkins
Own rental property free and clear, how do I get cash?
Purchased a property in Detroit Metro area 11/11 for 52K cash, put 10K in and have been renting since 12/11. Its currently worth about 72K. I would like to continue renting but I need cash to grow my business. I ha...
Mark Delosreyes
Lenders: looking for a great lender for our rental properties
Hello, I am searching for a lender to build a long term relationship with. We currently have about 50 units in our rental portfolio, and are always looking to add deals, if they make sense. We use the BRRRR strategy f...
Deanne Bourne
Lending after 10 Mortgages
I am now being told I have reached my limit in this residential "type" of mortgage product (20% down, 30 yr conventional) The lenders and my realtor both say I need to go to the next step, a portfolio loan. It was de...
Lindsay Ferguson
Agent/Broker Split Opinion
Hello fellow agents! I'm really looking just to get non-biased opinions on an issue. I've been with my current broker for 8 years. Typically, we get 70/30 for a sphere sell. I recently had a sphere of mine reach out t...
Nathan Fridley
Trying to Rent Out Property in College Town During COVID
Hello friends, have a rental listing strategy question for you all. I’m currently under contract to purchase my second rental in a major university college town that has basically gone completely virtual for fall seme...
Jack McWatters
Possible 8 plex cash flowing decently.
HEY GUYS!!!! First off thank you for everyone who responds and chats I love talking and meeting new people! This forum post is on an 8plex I am looking at that’s listed for 385,000 in Billing Montana. Not only is it a...
Anthony Aragona
Do I need to eliminate my debt before beginning my RE career?
I’m really looking to begin my journey into real estate but I’m unsure if my own personal finance situation needs to be addressed before getting off the ground. I’m married with 2 small children. My wife and I both ma...
Vic Vega
BRRR Strategy Question!
I think the BRRR strategy is great but my biggest concern is being able to refinance quickly (1-3 months). I've heard some people say on conventional loans it's no problem and you can refi very quickly. Some say lende...
Kevin Greene
What would you do with 100k in an inherited IRA?
Hello BP,A little backstory:I have decent amount of money sitting in an Inherited IRA. Not 100k but if I let it sit for a few years it might appreciate. The money is invested in mutual funds at the moment. Since it is...