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Results (1881)
Jeff L. The 10 mortgage limit: is it 10 LOANS or 10 PROPERTIES?
4 February 2016 | 30 replies

I can't seem to find a definitive answer to this.Some people say that the limit is 10 properties (not loans), so even if all 10 properties were under 1 loan, you would be at the limit. Is this the case?Also, does it m...

BRIAN CUBERO First step to Financial Freedom!
19 February 2020 | 27 replies

Hello BP world!
First time investor here and excited to take the first step towards financial freedom! My name is Brian & I’m currently looking to buy my first property.
My deadline for this goal is June 1st o...

Jeff P. Brrrr cash out refi Fannie Mae surprise limitations?
1 March 2024 | 28 replies

I will try to keep this brief.
I have 100% equity in a single-family rental outside of Detroit Michigan. I am in the process of doing a cash out refi. The house appraised for a little more than what I expected. The ...

Samuel Ruelke 1% or 2% rule in Orlando?
29 September 2018 | 18 replies

Hi everyone! So I've heard about the 1% rule & 2% rule (or guidelines) when purchasing a rental property: the monthly rental rate should be 1%-2% of the total amount you have in the property to make it a good inve...

Josh H. Private Money (Hard Money is for Suckers)
7 July 2024 | 30 replies

Good Morning BP Community,Is Hard Money really for suckers?
My wife and I have done about 30 flips over the past few years, typically with a partner of ours that has a good amount of cash which he invests, then we sp...

N/A N/A 50% rule and the 2% rule
21 August 2017 | 53 replies

I thought I had heard another investor say that the two rules were basically the same thing. Maybe I misunderstood, but if not could someone explain how they are the same thing??? And also, the 2% rule seems to work...

N/A N/A Where to Invest Next?
26 July 2007 | 29 replies

We are buy and hold investors...invested in Las Vegas, 5 homes, before the boom and pop, and are holding the homes as they are positive cash flow. Next, we discovered a suburb of Houston, TX with newer homes, masterp...

Jordan Santiago Out of State
11 June 2020 | 36 replies

I live in expensive New York City and cannot really afford to invest here at the moment. Looking at properties out of state is extremely tempting and looks good. Much less expensive. Any thoughts? Is it a good idea? P...