All Forum Posts by: Henry White

Looking to close on a deal but had a 60 day late due to a clerical oversight with autopay on a mortgage within the past 12 months. 

Have four properties with solid borrowing history over a 7 year span outside of this instance and am financially healthy. 

Am I lendable? Hoping for a DSCR loan

Thank you both for the feedback! I look forward to connecting in the future 

Hey all, I’m a new investor looking to either buy and hold at my next duty station in Lawton, Oklahoma. I have executed one successful flip (blind luck) and am looking to expand my real estate portfolio. Anyone have any contacts in that area to help find a deal?

Few general questions I am trying to answer:

1) I love cash flow which is why I am more inclined to buy, rehab, and hold; but I am reluctant to hold after I move out of state after hearing horror stories on the BP forums. Any rule of thumb to follow to know when it is better to buy and sell rather than buy and hold?

2) Does anyone have any good planning tools to plan our rehab (timeline, costs, etc.) I hurt my profits from my last investment due to the lack of planning prior to closing? I have a carpentry background and do most of the work myself, thus keeping on track is crucial to maximizing returns.

Thanks!

Hey Everybody,

Seeking some advice on my next real estate investment.

I’m in the military and currently have two rental properties. I deploy in the coming year and upon my return I’ll come to the decision to make another home purchase. Seeking advice on buying either a foreclosure and rehabbing or buying and moving into a fourplex.

Anyone have an excel model to run numbers?