Tim Porsche
BRRRR Strategy - Refinancing Question
Hi all, so since hearing and reading about the BRRRR strategy I have become very interested in possibly doing it. I would be looking for fixer upper multi-unit properties to renovate, rent out and refinance. There are...
RJ Dixon
10k about to be lost because of lender
Hello BP world ! Name is Rj just started getting into real estate investing. I am currently working on my 3rd deal but never thought this would happen. I am currently working on a triplex that we put 10k in ...
Crystal W.
Earnest Money Dispute
Hi, All. We are currently in an Earnest Money dispute. We were set to close on a vacation/investment property and at the 12th hour (literally 2 weeks prior to us thinking we were to close), our lender said the prope...
Caleb Bryant
0-20 units in 12 months
Hello,My name is Caleb Bryant and I have set a goal for myself to acquire 20 units by May 19th, 2018. To do this I am going to have to lay some serious ground work first, so I thought my best strategy is to come to th...
Pradeep Xavier thathew
Assuming an FHA loan and leasing the property to the seller
A seller is interested to sell the property to me and willing to lease the same property for 3 years. The seller holds an FHA loan on the property at sub 4% interest and have 27 years left in the amortization. The sel...
Ekaterina Stepanova
Has anyone worked with Maverick Investor group?
Hi All!I'm planning on investing in my first multi in 2015 and seriously considering using Maverick Investor Group for this purpose. http://www.maverickinvestorgroup.com I live in NY and market I'm looking into is PA,...
Liz Rogers
Our Realtor is telling Us our house won't sell for what it is worth because of foreclosures??
Hey BPers!
My husband and I have a house in VA and we live in Kentucky. We are working with a realtor who did some comps for the area and told us we won't be able to sell the house for what we want because there are ...
Federico Cantero
Sell or Keep using Cap Rate
Good morning. This is a question that I constantly make myself and probably will be a good one to know other people mindsets over when to sell or keep a property using Cap Rate as a guide. So, please let me know, in y...
Michael Brown
Refinancing - Lose PMI
Hello BP,I have a scenario that I need help with. These numbers are pretty spot on and a situation I am about to jump in on, however I don't understand the logistics of the refinancing piece.Say I offer to buy a SFH ...
Satha Palani
Advice on 203K loan - pros and cons and which type
I have an offer in on a duplex in an up and coming part of the city. The house needs work and is being sold "as is" The plan is to live in one unit and rent the other one out. At the prevailing rate, provided the cost...