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I understand I can use the value of land as a down payment for a conforming mortgage. I am looking into building on a vacant land I own outright that is appraised at and bought for $400,000. It is one parcel zoned f...
After flipping a few properties and acquiring some buy and holds on my own I opted to start a LLC. However the LLC currently has no funds in the account and the bank told me that if I was to transfer any of my own mon...
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Hi. I will preface this by saying I know nothing about the military so I apologize in advance for this question. I also looked at the old posts and google and haven't had any success with this topic. I am having a har...
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Hi BP familyI was recently approached to invest in the US so I could get a US citizenship through the EB5/E2 visa process. Has any one done this? What benefits and shortfall are there in doing this? Being Canadian and...
Hi All,
Long time follower, first time poster here. Thank you in advance for the feedback! I bought my first home in April 2021 and have been fixing it up myself/with contractor friends/other contractors. I moved in ...
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Hi BP,
After graduating college and reIocating to the Twin Cities about a year ago, I recently just landed my first duplex which I am about to begin house hacking this upcoming month. With the details of this firs...
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Hi I purchased my primary residence in 2016. I needed an FHA loan. I am in the process of refinancing to go into a conventional loan prior to starting RE Investing. My questions are: In California can you purchase...
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Hey BP community! Appreciate any advice as this issue just came up. My group has an underperforming vacation rental that we have been trying to sell. We found someone who is willing to rent the property for the res...
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There is a HOA foreclosure i am interested in purchasing at the auction (Texas). I've been doing my research and i know in Texas there is a 180 day redemption for HOA (Home owners association) and 90 day redemption fo...
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My business has approximately 6 loans through our local small bank and they continuously talk about how they are investor friendly. However, they keep mentioning to us that our debt to income ratio is nearing their "1...