Bryant Pryor
Seller owes too much on her house
So the seller was recently divorced from her husband and their house was left to the wife. She says she doesn’t know what to do with the house and that she owes a significant amount on the house. But she is willing to...
Lynn Por
Can I refinance my property which is under lease option agreement
Hi If I purchase the property and put the tenant buyer with 2 years rent to own contract ,Can I refinance the property once I have tenant buyer put in the property , let's say after 6 month ?I will pay off the loan if...
Regan Coakley
Are these closing fees too high?
I am a first time investor and am purchasing an investment property in Baytown Texas for $200,000 (single fam). I was expecting the closing costs to be around 3% but they are closer to 7-8%. Is this reasonable? I a...
Sean Sullivan
Lending Options for First Investment Property
Hi Everyone!
I am flushing out options for getting financing for my first BRRR property and was curious about other lending options for first time investors besides Hard Money Lenders and an all out cash buy. Was w...
Dave Olverson
Closing Costs Seem High in Indy
Hi All,I am looking at a deal currently on a $72,000 property, where the loan amount would be $57,600 (20%).Everything looks good and the rate from the lender is 4.75%, which works well for me.The closing costs are st...
Robert Howard
One bedroom rentals and tenants
I just wanted to get the consensus on what the community thought about one bedroom rentals? Please share! I'm thinking about purchasing a duplex side by side 1 and 1 both sides, but the owner is house-hacking. He ad...
David Friedman
Flipping Homes- My Exciting Journey (Post 3 of ?)
Hello BP!I've started posting all of my previous flips, now that I feel like I've completed enough to actually have some good original content. I hope that by sharing we can all learn, network and discuss this interes...
Sanjiv Mehta
Financing options for SFH rebuild in San Jose area
I got lucky with a SFH and got it much cheaper than appraised value in Aug 2020 for $1.8M. Our plan is to demolish the house, build a new there, live in it for 2 years and then sell it and get the $500k tax exemption....
Hilary Tuttle
Comps? Apprasial Difficulties?
It has been awhile since I took out a mortgage. We have just been buy and hold investors using BRRR (before this term was invented:) but finally have decided to buy a house for our selves. We found an amazing lake ho...
Simon Terrazas Jr.
Brrr Method and Heloc Clarification, Please...
Can somebody please clarify the HELOC for me, please? I'm going to be closing on my 1st rental property on May 1st. Upon closing, I will instantly have approximately 50K in equity in the house. I was under the impr...