Richard Talbott
Conservative and steady or go big from the get go?
Should I sell my SFRs in order to finance 20+ unit properties, or should I slowly build my portfolio before making the big jump to large multifamily properties?Hello everyone,I have a SFR that is completely paid off a...
Jeff Wurz
New Investor, questions on 4-plex costs
Hi All,I'm new here and wanted to get some insight on some ideas of what to invest in and estimated total costs. So my brother and I bought a house in 2012, in the east bay area california, and we doubled the value a...
Kent Mayes
Got a lead on a motivated seller! Now what?
So its been a while since my last post. Took some time to get my real estate sales agent license. But my focus at this point in time is building cash reserve and vital skills through wholesaling.Found a residential h...
Donny Yoon
Contractor investor in San Jose area
Hello BP family, I am a new member and I'm a contractor investor looking in the Sacramento area for my next project and would need some help in that area.. I'm from the San Jose area and I have been involved in a coup...
Jessey Kwong
Any Canadians investing south of the Border?
There just seem to be better deals and better positive cashflow in the united states. Has anyone here invested into American property on their own? Or have you worked with another JV partner who lives in the states t...
Eric Kissinger
Convert to mother in law, or buy duplex?
Hello all,
I recently posted a similar forum but I need a little more advice.
I found a property that has enough square footage in a nice neighborhood that I can convert the downstairs into a “mother in law” unit whi...
Mike Ferguson
Time between mortgages
When taking out a conventional mortgage or refinancing, how much does elapsed time affect credit worthiness on your next loan? For instance, you refinance a property, what would a lender consider a sufficient cooling ...
Jeremiah Hammond
Refinancing a Cash Offer BRRRR
Hey guys, I am attempting to start an off-market deal. I am planning on doing a cash offer. My plan is to BRRRR it. The question I have is when I refinance it will I be "paying myself back"? I am just a little skittis...
Manco Snead
Refi Cash Out or Keep Cash In?
Greetings,
Fairly basic question but I'm having trouble weighing the two. I want to refi my non-owner occupied duplex for a lower rate.(Current rate: 4.25%. Would hope to get it down a full % point). It cash flows ve...
Dane Moore
First Rental Property Advice
What are best practices you recommend for someone starting with their first rental property? Should the tenant payments and mortgage payments be run through a separate bank account than my primary personal account? Ho...