Being new to the REI world, I've been searching solely for existing multifamily properties. But with new multifamilies properties being constructed like crazy in my area (Ohio), I cant help but wonder; why? Traditiona...
Hello BP community. My parents own a duplex in the Los Ángeles area and they are currently going through a divorce. My mother wants to keep the house and my father is willing to accept cash in exchange for his share i...
So, I've got a seller who has had an ongoing divorce for ~5 years. He has 2 properties that he used to rent out a couple years ago, but quit as the additional income would relinquish his benefits for his children. The...
Hey Guys, I'm from Canada and I'm about to get into the Real Estate Investing world i just wanted to bring one of my ideas to you guys,I was thinking about buying a rental property property and attempting to pay it of...
What do you normally require for a credit score? Also do you ever modify it for a particular location or property?
Our current rental is in a small town and there seems to be some discussion if we should lower the cr...
I've wanted to ask this for a while but have been reluctant for fear the answer should be obvious, and/or it's been covered ad nauseum...so please accept my apology if either are true.
With the 3x rule, how is it aff...
My mother is retired and has ok credit (~700). I'm curious to hear from lenders on how hard it is for a retiree with ~$3K monthly income to get a HELOC? The property is a duplex and has approx value of $800K+, one un...
Hello BP, My wife and I just ran across a deal out of town. It is a 19 unit (4 owned by owner and are on a Rent to own contract, the other 15 are owned by tenants who pay lot rent) mobile home park, the numbers loo...
Hello BP Community, I am new to owning a multifamily and had a question for the community. I have a new tenant that signed a lease with me two weeks ago. We talked about if she had pets and she said she doesn't. Fa...
First time poster. Background, serving in the military, spouse, kids, pets, etc. “Overcorrected” from being stationed overseas in small home for 3 years and bought the big house with a pool in Southeastern US 2 years ...