My boyfriend and I already own two properties which maxes out our debt to income in looking for our third deal. I have heard of some podcasts saying “the bank wouldn’t give me a loan so my parents took out the loan.” ...
Does anyone use this strategy? We have done this twice and are considering doing it a third time. We currently have two free and clear rental properties and an additional one that has a small mortgage. The goal is ...
Is an LLC needed if you are looking to start to acquire 1-3 short term rentals properties?Why or why not ?
Will someone explain to me what it means to "open escrow". Thanks, Mario
Hello BP I have a property that’s zoned as a triplex the previous owner roomed it as a open concept but technically u can’t room in Philadelphia. I want to BRRRR it once rehab is complete however the layout for a trip...
Prior to COVID-19, conventional loan lenders use 70% or 75% potential rental income of subject property as income when calculating DTI. I am told by 2 lenders that they no longer consider future income as income duri...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $248,500
Cash invested: $1,000
I purchased my second house with a 0 down VA loan renting two rooms to friends to he...
BP world!We just got word that an offer we placed on a house last week has been accepted. So far this is the third house we get offers accepted in the last 3-4 weeks. 2015 ended on a positive note and 2016 is off to a...
TeamHave not been on here in a while, but wanted to tell you all that I am closing on my third home. This is going to be a primary residence while I keep my other two rented out…Once I am done with closing (June 27th)...
Does anyone know of any good property managers who will work with small investors? I have a 3/1.5 SFR in North Oakland County, Michigan that I am renting out.