Justine Veal
REFINANCING AFTER USING A HARD MONEY LENDER
Hi all, Quick question if I purchased a MF property using a hard money lender and decided to refinance to a conventional loan 6months to a year later would I need to have W2 income ? I'm ready to quit my job and inve...
Binh T.
Long Distance Deal or Fix & Flip Condo
Hi BP,
First time posting. We live in an expensive market (Vancouver BC area) and recently took the plunge and bought a rental condo in Coquitlam. The good news is we were able to get a tenant right of way, but the b...
Account Closed
Cash Flow Question; Money set aside for vacancy, repairs, cap ex
From what I have gathered, if a potential investment doesn’t cash flow with 5% vacancy, repairs and cap ex then it should be a hard pass. We are looking at a property that MIGHT cash flow $50/month but I am also allot...
Jane S.
Selling a SFR should i do 1031? Or bite the cap gains bullet?
NOT location location etc ... When i got this house the NH was OK prob B- and now it is a solid C or maybe D+ and I have had too much vandalism. Windows shot out very expensive, car crash damaged fence, etc. Will be m...
Jonas Grant
Residential lenders that will lend in first position @ 100%+ CLTV
For my primary residence in Nevada, I have a first mortgage with a main street lender, a HELOC second, and an SBA commercial loan lien as a third. The commercial lien is to satisfy SBA lending collateral requirements...
Darnell Robinson
Bay Area Fix and Flip
Greetings all! Been a while but I’m ready to start exploring my first fix and flip here in the San Francisco Bay. I’ll be ready to refinance my home, pull out some equity and purchase my first flip by September. My qu...
Tony Spencer
Newbie, BRRR, Multifamily, how the heck do I calculate ARV?
First time poster here. Hopefully this isn't too long or specific, but here goes..
I want to try BRRR investing with multifamily. Cash flowing multi family doesn't pencil out in my area (Seattle), so I'm searching...
Shawna Fullerton
Hi everyone! Active investor in Tampa
Hi everyone! I found this amazing community from the lending book published recently. I’m a buy and hold investor and have 22 properties in and around Tampa Florida. I’ve been thinking of transitioning out of rentals ...
Koray Kilic
Where to go from here? Brooklyn property with low cashflow
I have a single family property in Brooklyn with a MIL suite that I originally bought to live in in 2018. right now its rented out.MIL unit is 1 bedroom apartment = $1500/mMain unit is 3 bedroom apartment = $3200/mdet...
Account Closed
How long do I have to wait to apply for another mortgage?
If I buy a house with an FHA loan or conventional loan, how long do I have to wait to buy another house with another FHA loan or conventional loan? I assume that getting a mortgage in my name will lower my credit scor...