Hi All,
I've Owned 5 single families in St. Louis, MO - all paid in cash - since 2016
Recently, I had decided to take a loan / mortgage for these properties
All of the banks I had reached out to had either said tha...
I'd like to use a construction loan, or have a second mortgage for a backyard cottage (DADU) but my current loan has a very good rate, and I wouldn't want to lose it. I only have 5% equity on my current home. I have t...
Quick Question for Philly County Tax Sale Guru'sI have a friend who owns a 2nd Mortgage on a property going to the City of Philadelphia Tax Sale next week. The first is quite low, so if it does end up selling, he woul...
I want my first property to be a multi-family investment property. I have a credit score of 670. I have about $8000 in credit card debit. I make $73,000 a year and I only have about $5000 to start with. It's going to ...
Hey everyone,Just talked to a lender and they say that it's required you put down 25% on a conventional 30-year mortgage to finance 2+ family properties. Is this a new requirement ? How come I've always heard 20% down...
I have the opportunity to buy a house a few doors down from a current rental of mine that is performing very well. Here is the background on the property: it was under contract for $92,500 before Hurricane Harvey, but...
Hi BP!We're moving to Dallas for work in the upcoming few months and wanted to get into a house hack situation. Does anybody have any experience with duplex/fourplex in the Dallas or surrounding areas? From my researc...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $535,000
This will be a slow live-in BRRRR. Lots of room to add value since it has not been updated since the early 200...
Back when I had no knowledge at all, I purchased a new house in new development in 2013, and now we are moving to a different state at the end of this year. The thing is, with the foreclosures and cheaper houses build...
Hello BP World! I've been listening/watching these BP podcasts and it's been very informative. I have a few questions I'm hoping to get advice on. Some background on me; I purchased my first primary via an FHA loan in...