Hi BP gurus!I am putting an offer on a duplex that is being sold as two separate parcels. Each side is between 25-35K and I'd like to purchase both. I'd prefer not to pay all cash so that I can leverage my cash in oth...
Hey guys,Can anyone offer insight on the best way to finance a rehab on an investment property?
HI everyone! Thanks for taking the time to read my post and any advice would be much appreciated!
My wife and I live in Round Rock, TX a suburb of Austin but I work in Houston during the week, currently I'm using Air...
Dear BP Community:We are buyers on a property where the appraiser unexpectedly appraised the property to be in Below Average Condition. Our lender informed us that in order to qualify for a conventional loan, the prop...
Hey BP,I initially wanted to start out flipping but now I really would like to take advantage of the brrr technique. My two issues were the down payment for a 80/20 commercial loan and also being able to move on to th...
Hello Investors and LandlordsI have a situation and was hoping that someone could provide me with a few pointers. My investment home (SFH) which is currently rented out has increased my DTI significantly. Because of t...
So I am finding out more and more that getting good deals alone isn't working out. I just don't have the cash available for a downpayment AND renovation costs. No I am looking into hard money. Let's say in a perfect w...
Hello, I bought my home two years ago with cash that my father had left me. I have a job that does not pay well but I don’t have any debt except for a few hundred bucks on my credit card. I have good credit and a dece...
I am looking to get into my first rental property. My plan is to BRRRR. My question is should I use a HELCO or cash out refi from my primary residence to fund it? what are the pros and cons of each? is one more risk t...
Made up example:(Using a private lender)Purchase price= $60,000Repairs= $15,000Closing costs= $4,000ARV= $120,000Loan amount after refinance @ 75% LTV= $90,000Closing costs/interest after refinance= $6,000What was the...