Brayden Kelsch
What about after the refi?
After purchasing the home and forcing appreciation, you hold the property for however many years and then eventually go to refinance to pull money out for your next deal. Let’s say everything went well, you leave with...
Kevin Koffman
How can I keep from getting beat out by cash buyers?
I found a good multi family deal in Fort Lauderdale. But, I am bidding against cash buyers.My problem is, I found a great lender who will finance the project for 3.375%! my credit score is very high. That’s great, b...
Britt Smith
What cautions you when buying an existing STR?
I've seen some STR for sale and am wondering, if it is cash-flowing why would someone want to sell it?
Jimmy C.
Buying Property with need Immediate Evictiion
So we have found a steal from a distressed landlord. He had put a new roof on, replaced the AC, got tenants in there. Then unfortunately his wife got in an accident and the tenant stopped paying at the same time.
T...
Stacey D.
Private/Hard Money Lenders NJ
Hi! Looking for some insight into the private/hard money lending. We have started an LLC with the primary goal of doing fix and flips. I’m wondering if anyone can share how much cash on hand we should have to get fund...
William P.
Loan for property in LLC, how is it underwritten
want to buy a 2-4 unit building here in Calif. Will be partnered up with 1 other person and will hold the building in an LLC. The situation- property will cost ~750K, wont need major rehab, would pay any rehab in c...
Mitch Price
The Best Way to Fund Some Rehab Work I Want Done
Hello there, I am considering different ways to fund the rest of the rehab work I need done on a duplex I purchased earlier this year.The Facts:- Its not a major rehab. I want to give the side I'm occupying somewhat o...
Adam Costa
Partnership Arrangement- Down Payment Strategy
Good morning BP, In the early stages of putting together a formal partnership for a buy and hold purchase. I am looking for some opinions on structuring the deal. We have both agreed that everything will be 50/50 in t...
Chad Althaus
Escrow hurting cash flow
Hi BP community,
I was curious on others’ experience with the topic of escrow. Earlier this year, my monthly escrow payment on a $100k house increased $180 (27% increase), which cuts my cash flow a great deal. When I...
Marcus Gaethke
5/1 ARM at 3.5% vs Fixed Rate at 5.75%
Hello Bigger Pockets - Thanks in advance for any advice
I am currently looking to get approved for a loan for a small multi-family (2-4 units) and am having difficulties finding lenders that will do a 30 year fixed w...