James Calabrese
BRRR strategy - seasoning required before refinancing?
Hey BP community,How much seasoning (history of rental income) is needed when going to execute the ‘refinance’ section of the BRRR strategy. I was speaking with Bank of America the other week and was told they’d need ...
Shafi Noss
Your Best Negotiation Story
Hi BP,What is the best negotiation you've done so far, what moves did you make and how did it turn out for you? Just walked on my first SFH deal and want to learn more about effective negotiation.
Josh Miller
Questionable HOA, possible skimming going on
I have a rental condo and have owned the unit since Jan 19. This complex has 18 units that pay $175 per month. Board members do not pay HOA dues as this is their compensation. The board consists of 3 unit owners and t...
Sean Youngberg
Cashout ReFi options for 1st flip that is not selling
I'm having quite the learning experience on my first "deal". Purchased an old SFH REO for rehab and flip. I used a portfolio lender that provided a "construction" loan with interest-only during the rehab which has now...
Dorian Jones
How are you finding your deals?
Hey BP family hope all is well.
My goal is to get a property under contract to either wholesale or partner with someone by the end of the year. If not I’ll at least have moment going into the new year but I am laser...
Taft Love
Struggling to understand some basics...
Hi all,I'm new to the forums and real estate investing. I currently own one turnkey triplex that I bought FHA. My goal is to employe the BRRRR strategy in my local market (Spokane, WA). However, after talking to a few...
Daniel Kent
Refinance from negative cash flow to positive cash flow
Hello BP Community!I have a rental property in Philadelphia which within the past year I just refinanced to reduce the term of the loan from 25 years to 15 years. This property was originally purchased as my primary...
Brandon Blessed
hubzu.com have anyone heard of this site?
So hubzu.com is a bidding website to bid on properties.
I'm bidding on this property but every time I bid on this property 20 minutes later somebody out bid me. It's a lot of people bidding on this property but for...
Andrew Campbell
Closed on 202-units AND quit my job on the same day!
I started buying rental property five years ago to create a passive income stream. At the time, my realtor and friend who helped me buy the fourplex said “watch out, Real Estate is like crack.” For me truer words ha...
Cole McKeon
Is it to high to invest in the CA market?
Hello All,I am new to the website but have been listening to podcasts for about a year. I have a fairly simple question and wanted to get multiple perspectives on it. This question is for CA investors.Due to the low i...