As we all know, in the recent weeks Fannie Mae changed their seasoning period requirement for conventional cash-out refinances. It changed from 6 months to 12 months. I'm wondering, what is your take on how these chan...
Hi all, Question for you seasoned investors/landlords: I understand finance is typically the way to go if the desire is to scale up to more rentals. However, my situation might be a tad different. My siblings and I...
So I've been stuck in analysis paralysis for a while now and I'm finally at the point of pulling the trigger, but I'm still hung up on one thing. I hear a lot of people say cash flow is dead, you can't BRRRR with toda...
Hello everyone,I was wondering if there are any risks in buying a LTR property full in cash without any downpayment. For instance, if I want to invest in a 200,00 dollars property, it can be any type of house, multifa...
Hey BP Community,
I'm looking for some advice on a situation I'm currently in. I recently purchased a 3B,1B fixer upper towards the end of July, 2023 in Columbus, OH and the renovations are almost complete as of toda...
im looking for dscr cash out refi and i have multiple properties. I came across few lenders and their fee is almost 8k for a cash out of 150k, so I am looking for better lenders who offers with less closing cost (lend...
My lady and I are moving to Columbus next year and will be buying a in the $450-$500k range. With 10% down, PITI will be about $4,000/month which is around 25% of gross earnings per month.
Comps right now for 2-3 BR ...
Hello! This is my first post here. I’m currently living in a rental, own a property that is rented out and buying a new primary residence. I’m trying to figure out if I should use the cash reserves I have for a down p...
Newbie here, trying to formulate a strategy. I've been reading up a lot on REI (16 books in 3 months! And counting.) My ultimate goal is long-term net worth. I'm not afraid of fixers, and I love the idea of BRRRR and ...
When you have your own business, such as a vacation rental, you always have to be on the lookout for entities trying to grab cash from you. A few weeks ago, Newport Utility, my electric provider for 4 properties, dem...