Aaron Kaminer
How To Keep Getting Loans
I am just starting out. I have been researching for about a year now and my strategy (at a very high level) is to BRRR my way to financial freedom. I am not excluding other strategies but I intend to focus most of my ...
Sean Peabody
Sell home in foreclosure
Hello,Can a home be sold if the foreclosure process has already started in NYS? Behind on mortgage payments. The property has not gone to auction yet. Not sure if it is possible to sell it or if a hard money loan woul...
Blake Ramsey
Line of Credit to easily scale SFH portfolio (Advice Needed)
As a SFH investor with a $6M portfolio, I recently outlined in my previous post how in 2020 my business partner and I did a large Cash-out Refinance into a Portfolio Loan which moved all debt out of our names with the...
Jason Saenz
Hard Money- Rehab, Rent, Refi
Hello BP community!I've been learning about REI over the past year. Watching videos, podcasts, and reading countless books. My first goal was to save 20% and use conventional lending. But the more strategies I learned...
Matt Judd
To buy or not to buy...
Greeting BP'ers,I hope you are all enjoying spring, beautiful weather and great real estate deals!I am facing an issue with a home purchase and I have to admit, I'm in over my head. Actually, I'm over or under the flo...
Jordan Blanton
Advice on next move
Hello all, I need some advice on what my next move should be. I'm located in Cincinnati, OH and already have on paid off rental, a SFH thats worth about 120k. I also have about 60k of equity in my primary residence. I...
Jason V.
Insurance Company Canceled Policy
I recently received a notice from my insurance company that my landlord policy was canceled on a newly acquired rental property. The property was bought from a sick family member who quit claim the property to my wife...
Adam Philpot
Avoiding the debt to income ratio caps
Does anyone have any idea on how they’re getting around debt to income ratios restrictions when they’re ready to acquire their 7th or 8 th property? I’ve thought about transferring the loans in my wife’s name so I cou...
Eric Vasilopoulos
Section 8 Bedroom count Error
Hi all,I recently acquired a property with a Section 8 tenant in a 3 bedroom apartment. Apparently, Section 8 has this unit mistakenly as a 2 bedroom and I need to make the correction. How do I go upon doing that?I ca...
Mike G.
HML or conventional? Pros N Cons....help
Hi there here is my situation I wanted to run by any mortgage industry pros and figure out how I can get loans and acquire more multifamily rental properties.
I currently have a FHA loan on a 4 plex. Not much equity ...