I’ve often seen this happen where initial approval is given, but debt-to-income issues arise once they discover you’re purchasing another property.

Must be nice that those “crimes” deserve so much attention.It is my belief that most RE investors are best served initially investing near their home.

This will be for my excellent service as a landlord.Just like a restaurant does when you have a party of 8 or more - they add a mandatory tip.Doubt there will be any laws against this, at least initially.

I started talking to him about the minimum amount to invest, since I didn't know him or his company and he initially asked for $2,000 usd.

The initial numbers seem good to me.

I bought these two houses that were next door to each other with a partner using hard money (3pts, 13% interest, and 1% extension fee every 3 months after the initial 6 month term).

We had to move fast and initially decided to sell it, the relator who was helping us somehow convinced us we should make it a rental property......... and let her be our tenant (insert face palm here) so since we had no real estate experience and we were already moved away, we agreed.

I did a coaching session with Rod Khleif and I really enjoyed his enthusiasm.

Despite my initial contact on December 17, 2023, and subsequent emails to Courtney.Sansone the problem remains unresolved.The issue arose when I attempted to link my Bigger Pockets PRO account to my Stessa account.

When including maintenance/cap ex, vacancy, pm, misc he will have little, and possibly negative, cash flow.if he invested almost $250k to add less than $150k of value (assume some of the current value came from the home appreciation), there is no cash flow until the initial negative equity position is recovered.