Fred Buechel
HELOC.. Use for cash purchase or down payment?
Hello BP!!I’m just now getting into the rental world. I’ll be getting my initial funds from a HELOC on my primary residence. I have access to about $70k. I’m looking to purchase my first investment property, looking i...
Petra S Jordan
Second Home - Occupy Upstairs
Hello, I want to ask those of you smart people if you think I have a good plan and help me find the pitfalls.I live in Utah County. We have a home in Highland and it's worth about $700k (owe $200k). I run a t-shirt bu...
Cristina S.
Kindly help a complete neophyte!
Hello,I am looking to purchase a very first rental.I am 100% new to this game and I would greatly appreciate any kind of advice or tip at this very early point in the process - particularly how to find a good real est...
Dustin Ruhl
Homes flying off market
It’s the spring 2017 home-selling season and inventory is as low as it’s ever been. In fact, bidding wars are happening all over the U.S. in metropolitan areas and the heartland. With listings being so scarce, prices ...
Don Chambers
New direct mail campaign and I'll blog about it
I have been asking question about direct mail for the last few weeks. I finally started it. It's all paid for and the first batch goes out Monday.I started a blog about it. Please take a look at it and critique and...
Ian Dunross
Multifamily Financing Plan
Hello everyone,Hope everyone is doing well this weekend! I'm looking at some 6 - 10 unit complexes that require a commercial loan. The loan officers don't mind if I use my own money for the 25% - 35% down payment , or...
Robert Kohnfelder
Tips & Tricks for Higher BRRRR Appraisal?
Hi All,
As I enter the rehab phase of my latest BRRRR (Pittsburgh PA), I'm always wondering what we can do to add value to the appraisal when it comes time to refinance in a few months. I am looking for any tips o...
Jacob Wohlgemuth
Has anyone found success House Hacking in Chicago/suburbs?
I like the idea of house hacking/renting by the room for my first deal and was wondering if anyone on here has had success with it in Chicago or any surrounding suburbs. Im slightly worried that I'll have trouble find...
Patrick Forelli
Investment property without it affecting DTI
Hello BP community.I currently make 125 k a year and I own 1 property that is performing well as an STR.I dont have the upfront cash to purchase another for a down payment but my parents are interested in financing my...
Account Closed
disability SSI/ multiple tenants/dogs questions
Ok have one tenant now who is recieving 700 a month in disabilty and SSI he wants to move in with his mom who also gets 690 is SSI and his wife who works 40 hours a week at BK and has been there a year. How do I ask a...