Justin Williams
Buying residential multi-family unit apartments ( 2-4 units)
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!
Steven Barr
How many hard money loans can I take out at once?
19 March 2024 | 26 replies
I am trying to get into the real estate industry as one of my main income sources, however I don't want to take a slow and steady approach as a goal to finally retire comfortable at 50.
Cody Coll
DSCR - Portfolio vs Individual loans
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.
Whitney Lares
St. Louis BRRRR?
19 March 2024 | 24 replies
From my research it seems prices have gone up a lot in recent years so I am wondering if this strategy is still a feasible option for someone looking to start with a SFH for 150k or below, adding value with a rehab and getting a high enough appraisal to make it work.
Hayden Thomas
Flipping and wholesaling
19 March 2024 | 4 replies
There wouldn't be a deal without YOU.You can pull lists from batch leads, list source, propstream, deal machine, tons of sources it's up to you to figure out what tools you need & for what price.Get after it!
Tyler Brobst
New investor interested in BRRRR
20 March 2024 | 3 replies
Yikes; need to have more location options for Missouri.
Cody Scherle
I am BRAND NEW to Real Estate and looking for the best advice on how to get started.
21 March 2024 | 15 replies
I will definitely be looking at good options and seeing if I can do this.
DC W.
Sell or 1031 Exchange?
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.
Natalie Braselton
Mid-Term Rental, Add Personal Car Rental to Lease?
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.
Margarita A.
Which option is better
18 March 2024 | 2 replies
Los Angeles market for house hacking.Is it generally better to buy a duplex for house hacking in a better area, for example, Silver Lake, but pay a bigger down payment(20%-25%) for a move in ready home or buy a fixer ...