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20 March 2024 | 3 replies
Another option if this is strictly for investment purposes, you could try to go DSCR. we have one lender that will allow for 1-4 units (inv. prop solely) who will go as low as 620 fico, but your LTV may be limited to, say, 70%. qualifying would be based on the rents received, not off your $100k income. there are options out there, keep working at it and get a 2nd opinion even on a full-doc loan. hope this was helpful to some degree!
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21 March 2024 | 6 replies
I talk with many CA investors that are just ready to leave with the equity and move to a more landlord friendly state like Nevada.Talk to a CPA and a QI about options for the exchange.
19 March 2024 | 12 replies
I'm originally from San Francisco, CA and started investing in 2021.
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22 March 2024 | 22 replies
A waste of time and energy - I have zero interest in competing with the Amazon of vacation rental search sites.Now I will state this: If Airbnb was my only option, I would probably just close shop and focus on my other ventures.
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20 March 2024 | 10 replies
I always toggle between the two options of refi'ing them in a portfolio loan rather than doing them individually.
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21 March 2024 | 8 replies
Negotiate purchase price and financing terms aggressively to secure favorable terms, exploring different financing options like FHA loans, VA loans, or conventional loans with low down payment requirements.
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18 March 2024 | 4 replies
Hey guys, im located in Phx,az and would like to invest on my first property here, I would like to know what are my options, I am self employed and bring in about $4k a month (mostly cash )no paper work to trace my earnings (im in the car selling business) , experian score 630 1 delinquent acct but it was paid off many years ago, Ideally i would like to put down $10k to $15k tops, what interest rate do you all think im looking at.
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20 March 2024 | 3 replies
Yikes; need to have more location options for Missouri.
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20 March 2024 | 3 replies
Hi BP Community,We are considering adding our personal vehicle as an option to add on to our mid-term rental in San Diego, CA.
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19 March 2024 | 46 replies
I wouldn't go through all that trouble to make $10,000 to $20,000 but I guess that amount is acceptable to some people.I know a few successful flippers and they're in the San Francisco Bay Area - their profit is at least $200,000 to over a $1 million.