Hey all,I have been looking for the past 6 - 8 months at properties, reading books and listening to podcasts. I believe I am ready to buy my first investment property(Multifamily HouseHack). I am already pre-approved ...
This is a sample with a 4.5% rate 30 year fixed payment qualification includes tax and insurance and $500 in borrower monthly debt (car, credit cards...) DTI ratios at 43% after Jan 10 and 50% before Jan 10
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Hey guys!Very excited to have purchased my first investment house!!The numbers made sense. It came with tenants that I met. They are currently living there until next Novemeber and hopefully longer.How does that work ...
I need some advice from experience investors. I'm a new investor that lives in So Cal. I have 20K cash and the most I can get from a bank is conventional loan at 60K. I can't invest in California with the amount of m...
Hello BP Community, I am new to landlording...just closed on my first property about a month ago, I'm in the southeastern PA market, it is a side by side duplex with a detached barn I rent out for storage. I inherited...
Let me first say I own a few houses in the City of Portsmouth I do not plan to own anymore there. It is in fact on my No buy area list. Tenant forgot to cut grass before leaving out of area I get a bill, Tenant car br...
Scenario: As a land lord, you have 3 tenants on Section 8 in NYC. The head of house hold (father), the mother and the daughter. The father was the bread winner but he got Alzheimer’s and started to forget making payme...
Hi there,
I am in the process of purchasing my second duplex. It's identical to another one that I own right next door. I am currently charging 1350 / month and most of the renters are college students. I ...
Hi all,I am considering doing a small private lending which would provide me a 1st position note on a property. Closing is expected in 3 weeks.I'd love to be able to service the node using my IRA money, however it is ...
I am a local contractor in the Houston area and im starting to run into a very bothersome problem. I sometimes sub out certain trades to do work for me and they always ask for money upfront. I dont ask for money upfro...