Working with a limited partner on an upcoming SFH purchase in Austin. Partner lives out of town, and is only a money-man. We are splitting the down-payment 50/50 (~$20k each).How can we structure this mortgage process...
I'm looking at a deal thats current gross income is <110k with poor management, kind of run down, but in a good area. They have an asking price of 2.1m that's based off a gross income of 432k. After speaking with l...
Background: Looking to house hack a multi family 2-4 unit. Two financing options: Conventional 20% down vs FHA3.5% When I analyze these properties I am realizing a theme. Higher down payments are allowing for higher c...
My wife and I own a SFH and a duplex, both house hacks. We currently live in one unit of the duplex and rent out the other. We have 2 years of reported rental income on tax returns for both properties. We are moving f...
Hello,My husband and I currently own a town home. With a growing family we would like to expand to a single family home while keeping the townhouse as a rental property. Without the sale of the townhouse our down paym...
Might be a silly question. Can I use the BRRRR method with seller finance doing a contract for deed. If so is there anything I need to put in the contract about refencing? I'm a rookie trying to learn all I can to min...
Hi BP Calgary Community,
I live in Calgary and am looking getting into property investment. I am looking to invest about $100,000 on a down payment for a long term rental, but running the numbers on a few different p...
Looking at a STR to make first real estate deal on. Can anyone tell me why a lender might discourage 10% down on a vacation rental? I understand it's possible that interest rates would be higher than putting down 20%,...
Hello All,
Looking for some thoughts and advice on the Dayton, OH area or some other similarly priced markets.
Some background, I am a first time, haven’t ever purchased a home other than my primary residence, want...
Just starting the process of planning my 1st investment property purchase and I'm not sure how I should handle financing. I have about $75,000 in equity and I'm interested in using a HELOC or Equity loan for my down p...