All Forum Posts by: Ondrej Brown

Hey Guys I been trying to keep a good relationship with my credit union by always doing business with them; with the hope to get a FHA Loan through them.

I deposit all my money I plan to do my real estate business with them, also I'm thinking about Refinance my car loan through them as well so they can see I been doing business with them for quite a while.

Does the help me in the long run guys with doing Real Estate business with them ?

@Justin Jones What percentage would you recommend for the Vacancy & repairs ? And have't walk it, just testing out numbers with single family homes. Seeing how certain deals looking using that room for rent method.  

View report

*This link comes directly from our calculators, based on information input by the member who posted.

Trying some different stragery   , Goal of course is to get Duplex & House Hack. But also want to see the numbers with getting a SFH , and doing a room for rent method .

WOW that's you guys building lol. I drive pass that all the time ! Very beautiful property man.

That's great man ! Whats next for you ?

Hey BP community ,

Can somebody please inform me how buying town-homes or condo is ? Like the process , the money,what rental strategy are you doing to collect rent. Our you doing Rent By Room, our you renting the whole town-home ? I'm curious in doing some investing in once; I seen some decent ones in my area for around $70-100k. 

Hey guys, I been pretty much locked in getting my first rental (Duplex) using FHA loan for the longest now. But as I'm getting better with analyzing deals and seeing real good deals I want to pull the trigger on. I'm leaning on using a Hard Money Loan to starting getting this show on the road. I been saving money for my down payment; but I really cant see my self passing on another deal that I feel like can benefit me well. Even if we have to lean towards doing the no money down with a HML to get this first property going.

Second I seen this nice Town House , for a decent price. Fully renovated ! And if the numbers come out right I want to present it to a HML to hopefully get the funding for it, Even though it would be my first deal, I'm aware of some of the pros & cons with getting a hard money lender as well.

@Kevin Zolea Thank you, I knew it was a video out there somewhere ! I just couldn't figure out which video I watch in the past. 

Can somebody help me understanding the concept with the 50 % rule when analyzing rental property deals ?

@Michael K Gallagher Thank you for such great information guys !! Would other options would you recommend me to look at ?