Hi All,I am looking for second property (house hack) and wanted advice on financing options. I have ~$160k in equity for my out of state property with a great interest rate of (2.8%). I have ~$20k in cash to dedicat...
Just got off the phone with a lender that was interviewed recently on Dave Meyers' podcast.Had some of the best terms I have come across so far for DSCR loans.BUTThey DO NOT allow you to do ANY renovations (maximum pa...
Hello,My wife and I, are attempting to purchase our first property. We plan on living in the house and doing most of the fixes and renovations ourselves. Just have a few questions before we get to deep into the proces...
Hi, I was just wondering what people thought about Atlantic City as an investment opportunity? I know it is a pretty run down area, but do you think it ever could come back? If so, I think it would be a great "buy low...
Hey BP! I'm currently under contract on my first investment property and am looking for some pro tips and advice.
Property: distressed 1975 SF in central Oregon, lot is sized to accommodate an ADU. Property needs re...
So this past weekend had a tenant move out that lived there 17 months. They left behind around 100 holes in the wall (nail holes), rather large holes in my opinion, that I will probably need to plaster and paint over ...
Interesting letter from the VailDaily:
Letter: No, I can’t rent to you for less than my mortgage
Opinion | May 8, 2022
This is to the renters and keyboard warriors out there from a landlord. A number of years ago, ...
I have poured my cash into STR construction projects, and so actually have a loss which nearly equals my income.Using the "STR Loophole", this should enable me to deduct these expenses from my W2 income. However, this...
I own a duplex and have a tenant moving out. While performing a walkthrough I noticed the tenant that lives in the other side had cable installed (perfectly fine) however, the cable line is sticking straight out of th...
I am about to put an offer in on a tenant occupied property from the 1950s. I walked the property but it was full of tenants stuff so hard to see much of the walls and what not. Everything seemed functional. The owner...