All Forum Posts by: Ron Todd

@harjeet bhatti Thanks for the reply! That's good news.

@shaun weekes awesome. Most of the information I've found is a couple years old. Thanks for the help!

@Alexander Felice thanks, that's perfect.

Hi BP,

I'm looking ahead at options for mortgage #5 and I was curious for the 6 months piti that you need on hand if that has to be cash or could it be held in a retirement account like a roth IRA or TSP. For example, If I needed 50k in piti reserves, would the ability to take a 50k loan from my TSP suffice or would I need that money to actually be in a checking/saving account? Also looking at for any other experiences or tips with mortgage 5 and beyond.

Hi all,

I'm looking for you pros and cons for section 8. What did you wish you knew before you got section 8 tenants? 

Thanks all, I'm not overly concerned with snow as we don't get very much here in Oklahoma. Heat will definitely be a factor for the second layer of shingles.

Thanks for all the information! I'm buying the house from an investment company so the disclosures don't include anything since they didn't live there. It's nice to hear differing opinions as I figure out what I want to do. 

That is a ton of layers! I wouldn't let it go past 3, I was just curious from a negotiation standpoint if I should ask for the roof to be redone of for them to just fix the leaks.

Hi BP,

I had an inspection done on a SFR I plan to buy and hold. Most of the inspection went great, but it was pointed out that there are two layers of shingles for the roof and there are two spots that leak. I know it's not ideal to just lay shingles over the existing roof, but is it worth asking the seller to address more than just the leaks?