Paiea Palomanu
How to secure 2nd loan after initial VA Loan
Hello to all, I really appreciate all the advice and feedback I get this is a network that I don't have in my current life so its cool to have a forum like this full of like minded individuals.
I have a Duplex in Phi...
Anurag D.
Condo Master Insurance - Loan Approval Issue
Hello BP Team, Mortgage Underwriters/Lenders,
Thank you for information exchange in BP forum.
> Context:
Property: Low Cost Investment property (Condo with HOA) in contract.
Location: Atlanta, GA metro
>...
Faustin Hoover
Rate potential flip
Hello. I am looking at a potential flip and wanted some input. If I ran my numbers right it makes sense but I could be wrong. 3 bed 1 bath house 1100 sqft. Asking price 11000. Looked at comps online and it should sell...
Cody Lindstrom
Rehab cost estimating in the midwest in 2022
I am posting this with the intent to help new investors, like me, at BP understand where rehab costs are sitting in the midwest today, September 23rd, 2022. We are looking at a possible investment property in our are...
Revital Shmerling
Registration a property under LLC
Hello BP!Finally, and after months of trying and thinking how to invest in this expensive part of California, we're about to buy our first investment property! We'll use HELOC for financing and eventually we'd like t...
Joe Cox
Turning 2 into more?
We currently own 2 long term rental condos in Bradenton, FL free and clear, both occupied and managed by a PM. Rents are $895 and $995/mo and values are approximately $70,000 and $80,000. We would like to parlay thes...
Morris Cohen
Brooklyn, NY Buy and Hold
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $925,000
Cash invested: $92,500
This deal solidifies for me for everyone to purchase their first property as...
Thomas Bayles
Apartment Building Value Add makes 213% return after 2 years
Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $1,275,000
Cash invested: $475,000
Sale price: $2,740,000
7 unit value add project. Original NOI upon pur...
Alex Hogenson
How does private loan affect conventional loan?
Hello BP,I'm looking to finance my first duplex (house hack) with a conventional loan, however I won't have the necessary funds by the time I need to purchase (tentatively need to move in June 1st) for a down payment,...
Michael Bracken
Cash out rental v.s. HELOC to raise 💰
Greetings, I would like to raise some money for conventional financing of a duplex or 4 plex.
I have a rental with 110k equity owe 39k 6.5% and a primary residence with 100k equity owe 98k 4.5% 15 year note. If I c...