Stephanie Hay
Financing for the Self Employed
For about 2 1/2 years, I have been Self-Employed. According to my tax return, last year I broke even. While my income has increased drastically this year, I will still have some deductions. I've been thinking about fi...
Tucker Cummings
Refinance vs. Holding & HELOC
I've just purchased my first property in cash, with the goal of doing a BRRRR strategy. However, I haven't borrowed any money for the property, so I'm not obligated to pay anyone back (other than myself), and I'm wond...
Joe Colasuonno
How Many Flips Per Year is Attainable?
I have been investing in multifamily real estate for about 8 years and have built up a decently sized portfolio of rental units large enough that it is my full time gig. Every property we have ever purchased has been...
Dana Powell
Is this quote for a no-doc jumbo 30-yr fixed loan competitive?
Hi All. Newbie here and would like some advice. I have 2 rental properties both on 1-year ARMs at 5.25% amortized over 25 yrs that I need to refinance. My credit score ranges from 650-705.Property 1 $1.7 million val...
Eddie Gonnella
Follow along a Richmond Virginia BRRRR with a commercial LoC
Just closed today on a BRRRR property in Richmond, Virginia. Bought this one with three partners @Elan Radbil, @Ben Hutto and @Jake Guhy using a commercial line of credit.Purchase price: $95,000 4bd/3baRehab budget: $...
Doug Dias
First BRRRR: Worcester, MA Single Family
This is a long post – my apologies. Please don’t quote it when replying.
My wife and I started saving to buy our first investment property in MA in July, 2018. We started looking at properties one year later, in Jul...
Chris Lopez
Newbie from Dallas, Texas
Hi BP! First time posting, but I've been lurking this amazing site for about a month now trying to learn everything I can! As the title states I am from the Dallas, Texas area. Currently, a college student getting rea...
Georges A.
Need advice on dealing with contractors
Guys I need help here.I finally accepted a bid with a contractor to replace my triple decker deck which is a big project that involves demolishing the old deck and putting a new one (15k incl adding gutters and puttin...
Pavlos Kasselouris
Why use Quickbooks for buy n' holds?
The past days I'm researching ways to better systemize better my REI. So far since I have only 4 rentals the free version of RentecDirect works just fine, and if I decide to get the very affordable pro version I will ...
Stephen Dominick
Wholesailing dropouts
I am just wondering why nearly all the local people in my general area that considered themselves "Wholesaler's" have not been active for a year or more (and there is a lot). Not the right models? to much Guru influ...