Derek Daun
Refinance a cash purchase? BRRRR and the 5th mortgage,
I'm wrapping up my third BRRR, which puts me at four total mortgages including my primary residence. I'm looking ahead towards property number five, and trying to figure out how that fifth mortgage might work out. Ba...
Account Closed
Estimating cap rate?
Hi all, a long time ago I read of a simple way to estimate the cap rate on a property, divide the gross rents in half then divide by the value or asking price on the property.I'm curious, estimating expenses as half o...
Aaron Moore
financing options
Hello everyone,I'm hoping to buy my first property which would be a 5 unit townhouse style. -Monthly rent income of $2,895-No major repairs needed-Tenant pays everything except water-Garbage payment included in water ...
Logan Turner
Obstacles in real estate
Here is a story with lots of nuggets. But the take home.. there will always be obstacles. Charge through them.
We had a delay in closing and for a minute didn’t look like this house would get closed at all.
I canc...
Ryan N.
1031 Exchange purshase house
How or who determines if house I buy is eligible for 1031 exchange?If I sell a house for 180k?I really want to buy 2 house with the profit. owe 89k paid 122k selling 180k.
Account Closed
Ideas for Ugly Fireplace
Not sure what to do with this fireplace for my current rehab - any ideas would be appreciated.Best, -John
Caren Klein
Need advice about getting rid of inherited month to month tenant
So we just closed on a property and inherited tenants, the previous owner had them on month to month with no security deposit. We are putting the tenants on leases. One of the tenants has got to go. We know that we h...
Don Nelson
Starting to buy - Are my numbers sound?
Hey Fellow MO Investors:Wanted to share some specific info in this post as I've been doing analysis and don't want to have my head in the clouds, as I'm out of state. Below you will find a deal analysis that is typic...
Cathy T.
My mortgage broker says I cant use an FHA loan over and over...
I was under the impression, after reading many, many, posts here on BP that I could buy a property with an FHA loan, fix it up, refinance into a conventional loan...and then buy another property with an FHA and do it ...
Kusha Karvandi
Best questions to ask when buying a 4-plex?
I’m considering buying a 4-plex (this would be my first multi-family property) in the Chandler or Phoenix, Arizona area. What are the best questions to ask and most important criteria to look for when buying this type...