I'm sure there is a creative workaround but the trouble I am finding with BRRRR model is the Refinancing part!! More specifically, I can't seem to refinance due to my Debt to Income ratio due in large part to BRRRR!!...
I have been told that sub-metering this building is not a possibility (without spending ALOT of money to redo the plumbing). Currently, we divide the water bill among all the units every 6 months and bill the tenants....
Tim posted an intriguing thread on food storage and there were great posts on differing points of view and things needed. If we get into a really bad situation,pre-apocalypse, there are some other things neccessary.
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Hi all BP friends!I have been a small RE investor for the last 5 years or so, and I finally have come by my first rough ride with a tenant who I inherited with the purchase of my last triplex in Sellersville, PA. I wo...
Hey BP,Im about to close on a 4-plex in NE Minneapolis (my first investment property) and I was wondering what people in the area do to collect rents. Even though I'll be living on the property and they technically c...
To the season mobile home investors, what are your legal exit strategy plans for 2014 and what methods and strategies are you eliminating from your business plan due to the new laws?
Hello BP community,I am 18 years old with about 45k, and I want to invest in a rental property ASAP. I own a lawn care business and I have a goal to have 80k by the end of the year. Prior to starting my lawn care busi...
If you had $1m...Would you rather1. LEND ITat 7% interest 1st TDs or 15% 2nd TD with equity, or whatever you have agreed with the Borroweror 2. LEVERAGE ITAnd use portions of the $1m as down payments to acquire other ...
Quick question.
I'm trying to wrap my head around cash out refinancing. Can someone quickly walk through how this works? I hear a lot about refinancing a rental property to pull your initial investment out (in order ...
Existing rental property rehab, buy-and-hold guy wanting to get into flipping. I'm an BP podcast graduate. I keep hearing the advice to focus on finding the good deals and then the money will come.
Question...