Brian Gibbons
Tips from Brian Gibbons re: Creative Financing
It is the spring and I thought I would give a primer on "creative financing" for the BP community.I will break it up into Beginner and Advanced.I will talk about well known and not so well known strategies.Beginner st...
Tina Webb
Funding
I listened to the webinar last night on buyinf a rental in 90 days. You mentioned a portfolio loan. What is another loan option to use? Can I use 2 types of loans? Can I start with one type and then refinance to anot...
Alex Bradley
Best city to buy rental properties?
Hey everyone!
I live in beautiful San Diego, CA and I want to buy a rental property but have heard that the San Diego rental market is not very strong for investors right now. Also, with the high prices of homes/apa...
Marc Knapp
Please offer input on a unique lending situation
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...
Brandon Clark
strategy to get me in the rental game
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...
David Vilfranc
Have to Break Tenant's Lease
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...
Anthony Winston III
ARV to Refinance Rental Property
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...
Emily Hill
Paid off home. How should I go about my first deal?
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...
Jeffrey Swanson
HELOC or Cash Out Refi?
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...
Sarkis Boyadzhyan
Can anyone explain the concept of BRRRR?
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...