Hello, novice here looking for some advice from this great community, I'll try and keep it brief!
I fully own my townhome here in Las Vegas (valued at $400k+), wife and I would like to buy a larger home (around $600k...
Hello BP Team,Throughout my decade long Military career I've seen dozens of friends unwillingly forced into the role of landlord or end up writing a check for thousands of dollars, $12,000 in one scenario, to sell the...
We are looking at our next home and plan to hold on to our current home, while turning it into a STR. My question is in regard to lending. Most lenders will not look at "potential" STR income on our home, as we are no...
My brain is stuck lolCould a person use the BRRRR calculator in a seller finance situation with a balloon payment?Would the BRRRR calculator give accurate info in that situation?In the refinance section of the calcula...
Hi everyone @ BP, I don't want to bore you with a long story, just want to introduce myself as a Investor In The Making. My sister & I are anxious to get started (time is flying too fast and not getting any younge...
I have a rental townhouse assessed at $114,000. Bank loan at $121,000. I'm $200 out of pocket each month to meet the mortgage and it needs a new roof. Wells Fargo owns the loan, but Bank of America services the...
My name is Chris Tokarski, from Merrillville IN, I have a little savings, around 30, and wondering what is the best way to get an investment loan with a little over 1 year of income on taxes? When I manage to find th...
are there any advice or tips on how can invest in STR properties in florida with bad credit?
This is my first purchase (finally) I know that if I use the 203k I’ll have a lot of HELOC available to pull out for a second property. But I’m not able to use the first time homebuyers grant. My question is if I was ...
Hi all! Newbie question here. Once I've secured a hard money loan and used it to buy/rehab a home, how do I present my current situation to a traditional lender when acquiring a conventional loan on the property? Do I...