Errol Sadler
Cashout REFI Companies
Hey BP, how is everyone doing. I've been trying to figure this out for some time but have been unable to so I am looking for some suggestions. I currently have 3 (4plex) that I own out right in Georgia and I am look...
Scott Trench
Who's at the most financial/leverage risk in a recession?
Hi Team - I wanted to walk through a couple of quick thoughts on what I see as the most at-risk parties in a potential recession. 1) Middle-Class Homeowners - A middle-class homeowner reliant on one source of income, ...
Account Closed
BRRR strategy confusion - Refinancing
I'm confused on the refinancing part of this strategy.For example, with obviously hypothetical numbers, you find this situation:Purchase: $70,000Rehab: $35,000ARV: $150,000So, your total investment is $105,000. You re...
Mike Franco
getting started in BRRRR with $1M cash and $1M+ assets? leverage
I need a strategy.
I'm retired, but never got into the BRRRR. I have $1M cash and $1.5M in paid off real estate assets, no debt, and no 'real' income. 830 FICO.
I want to leverage my assets and start BRRRR to secure...
Hanan K.
Reinvesting cash flow or focus on principal pay down?
Hey BP community! I would be very interested in your thoughts on feedback. Here's my question:At what point do you believe it is wise to stop reinvesting your cashflow into more properties and start focusing on princi...
Adam Widder
Where to store rental reserves?
We're going on 3 properties, and I'm wondering where others store their reserves for their rental properties? My general rule of thumb was 6 months of PITI, which I have in a savings account. As we go to 3 properties,...
Chadd Brandon
What Avenues are You Utilizing to Get Your Deals Funded?
Whether you're a fix and flipper or landlord investor another type of real estate investor, what are the current resources you are utilizing to get your deals funded?
Seth Tucker
Owner Occupied Hard Money?
So I have an interesting situation. I have been using a lease option with a home that I originally intended to purchase to live in. But the property has proven too difficult to finance because it's a 1 bedroom house w...
Kevin Nichols
Exit strategy
So...I just started REI in late 2014 and have 3 "C" properties that cash flow well, but are in "OK" areas of my town. I have a few landlord friends in town who own 13 and 18 properties....they are in their mid-50s. T...
Lewys Jones
25% down and stay with parents or 3.5% down and move out?
I will be selling my SFH in March after having rented it out for one year. Expected to be left with $65k after CGT and closing costs. My dilemma is should I house hack with 3.5% down through a triplex or quadplex or p...