Wendy Black
Can You Refinance A Condo?
Several years go, we bought a condo as a husband and wife and later moved it into an LLC as an investment property. Can we refinance an investment condo? I've heard it both ways. We paid $339k, we owe $85k, and we ...
Kimberly A Renken
Using a promisory note I own towards purchase of another house.
Hello. I own a promisory note in which someone is paying me monthly. Am I able to "sell" this promisory note to the seller of a home I want to purchase? I hope that makes sense. Thank you!
Erick Caffarello
Ratio Utility Billing (RUBS)
Greetings BP!I'm about to buy my first multi unit, and currently the owner pays gas, water, sewer, and trash. Also, the building is in need of significant repair and current rents are $375 for an efficiency up to $57...
Javonn Musgrove
I have funding (private $) but i need deals
Hi BP,In the Pittsburgh, PA market. So I have a good problem if you will. I BRRRRHOUSEhacked my first duplex with 100%, PP+reno+cc, my fathers monies. I purchased off him using FHA loan 30yr @2.25% 96.5LTV 3.5% ~$8k t...
Joe Yobaccio
wholesale lease option with Joseph Bodek or Joe McCall
Wholesaling lease options sounds so good until you ask key market questions. In my market, house sell fast at or over list and rents are impossible to find. To get a lease and then sublease, you need to motivation f...
Elijah Robinson
Entry Level Investing
How do I get started investing in property out of State? I live in Columbus, Ohio.
Scott Armantrout
Finding the target property
Let me start with a little background. I currently own two rental properties, but neither property was bought with the notion that it would be rented out. I bought and lived in my first property in 2006, and when it...
Franky Maslim
What's a good CoC number?
Hi all,Got a question for seasoned veterans around here. After reading some of the discussions, I'm not sure if I fully understand what makes a good CoC number. The numbers I see are around 20%, give or take some, whi...
Joseph Belgrad
BRRRR refi with LLC?
I'm currently buying a property (3 family) with 210,000 cash using the BRRRR method, rahab budget 50, ARV over 300. I know I'd be leaving some money in the deal, but this is my first investment property, and if those ...
Michael Chalke
Holdover tenant - Albany, New York
I have a tenant on a month to month lease which has been nothing but problems. I thought, since they were members of another family in the building, it would be fine to rent to them since they had been living in the b...