Alexander Owen
Second Multifamily financing, Massachusetts
Hi, Everyone I’m new here to BP. I’m 23 and just bought my first 3 family unit in Fall River, MA. 2 months ago. My goal is to replace as much of my income as possible with passive income.The property is cash flow posi...
Marc Mahadeo
Fannie Mae 10 Property Financing Rule
Good afternoon BP family-This is my first post out here as I have run into a snag. I am currently in the process of refinancing two duplexes and my current portfolio is holding me back due to structure. I purchased ...
Zelie Pollon
Please help this newbie with some Math
I’m having difficulty running these numbers because they don't fit under any one of the categories here. I wonder if some of you might help me work through this. I'm taking a loan on a single family investment proper...
Keith John
Conventional Mortgage 20% Down
I contacted my bank to have them begin a preapproval for a conventional loan. I told them that I was going to keep my current home and buy a duplex as an investment property. I was informed that the MIP/PMI companies ...
Jaylan Archer
Robosigning
Hello,Buying my second flip and I ran into a snag that is holding me up. The property was auctioned off through Homesearch.com and its been about a month and a half under contract. The title company just came back and...
Pope Lake
Accounts for monthly expenses
When setting aside money for expenses that aren’t necessarily incurred monthly such as capex, repairs and vacancy - where do you store these funds? For example, is there a separate account that you maintain and lump a...
Adam L.
Is a short sale a bad first house hack?
Hi BP community, I have been looking for my first house hack deal in an expensive market. I finally located a property where the economics look great and it is closer to my job. It's a shorter commute and I could even...
R S
First time investor with some questions
Brand new member and hopeful first time real estate investor here. I'm very happy to have found this forum!
Because I only have around $15,000 liquid to invest, I'm looking to purchase a single family condo/townhouse...
Jean Claude
Down payment Seasoning
So I have a few rentals already but like everyone else I am looking to expand my portfolio. I have talked to a few private and hard money lenders and came up with an idea i would like to try. I have a discover card wi...
Paddy O'dowd
Property LLC
hi - i own a few investment properties, bought using convential financing - is it possible to put them into an LLC without changing the financing? if so, could anyone point me to any recommended articles that may help...