I just acquired a home from a sheriff sale auction and am having trouble financing it. I had a pre-qualification letter but my current bank won't finance the property because it's under $40,000 (apparently too low fo...
I have a W-2 Job and 3 properties, what is the minimum amount of profit or income should my properties generate for the year for a lender to consider me worthy of a loan, all things being equal. I've heard $500-$2000 ...
Hi fellow BPs! I'm seeking advice from the astute masses on buying vacation properties. I've been a civilian employee within the armed forces for 5 years within the Midwest. Although a lovely area, I've been reluctant...
I am trying to figure out a way to get started with my first deal without having to wait too long while waiting for my savings to grow. I have been thinking about possibly renting out my current home and buying anothe...
http://www.forbes.com/sites/houzz/2015/01/06/12-ki...Any thoughts? Agree or disagree?Like or hate?
Hi guys,I've researched the internet up and down several times looking for a lockbox that I can change the code remotely and had come null. I am not looking for a door lock, which I know exist, I am looking for a "tra...
Hello,
I have a question about the BRRRR method - actually, it may not be about the BRRRR method, but rather the best method to finance single family homes (SFH) used for rental purposes. Here is my situation:
- My...
Have you ever heard of short-term rental funds? These funds would pool money from investors, buy and convert homes into short-term rentals and then return rental revenue to the investors. Any idea how they might be st...
As I learn more about creative financing and other ways to fund a deal, I admit I’m lost in how one broaches this topic with someone. If you were able to start your journey without your own money , I’d appreciate it i...
Hello all,This would be my first flip/first time investing. I live in Austin, TX and wanted to house hack to try to have most of my mortgage covered while living in a house. The market is very competitive, rising and ...