Can you please confirm my understanding of this strategy is accurate...so, I buy a cash flow property in the following manner:Purchase Price: $100k (including all entrance costs aside from down pmt...)Personal Cash $2...
Hello there, My question is, how can I eliminate my PMI? I know the simple answer is throw in a bunch of equity. However, let’s say hypothetically (nudge nudge) I have a property I purchased at $250k with an FHA loan ...
I Am currently looking to purchase my first duplex and plan on house hacking it. The property currently has a VA loan on the property at 4% and significant equity. I plan to substitute my eligibility for theirs, howev...
Hi everyone!I wanted to take this opportunity to introduce myself. I've been trying to absorb as much as possible from this website, and hope to be able to give back a little to the community in the future.I'm in nor...
Hi thereI’ve heard it a few times now and still not too sure the big difference with buying the initial BRRRR property with your own cash? If you are able to work out the numbers that allow you to put 5-20% downpaymen...
BP family,I've combed through the hills of the forums and have not found a straight answer on this. Therefore I am turning to you all for help from those with more experience.I have recently obtained a quote and cove...
I recently had a contract to sell an investment home of mine to a buyer. The buyer's inspector noticed some damage to the roof. I filed a claim with my insurance company to get the repairs completed in order to satisf...
I have about $200,000 in equity on an investment property in Oakland, California. It sets on a large lot enough to add a second unit. I bought it for $265,000. Legally it's a four bedroom, one bathroom single family h...
I understand the process in finding hard money lenders and leveraging this strategy when the right time comes up, however, what I do not clearly understand is how to transfer away from hard money into a (let's say) tr...
Hello BP'ers, I am excited to share that I have my first multi family under contract. Its a run down mfu that has been vacant for past year or so. It is in a great location but needs a total rehab. Please review the...