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I’ve heard a few lenders say they can’t help a first time homebuyer with DSCR. I’m a first time homebuyer looking to purchase a single family rental property in NJ. I’m self-employed, so most likely won’t be approved ...
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Hello BP community,
I'm new to BP, but excited to learn through so many forums. I'm looking for my 2nd investment property and was waiting to reach a 2-year mark of my W-2 job to apply for an FHA loan or HELOC. Howe...
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Howdy! We own one investment property in College Station, TX (CS), home of Texas A&M University 'Gig 'Em. We currently have both our college students and one renter in that 3 br, 2 bath home. It is in an area t...
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Hi all , I'd post and find some insight on what i'm doing in my venture into REI.
First off , I've been a real estate agent for a year now, which really helps me locate good deals, and also gives me a % discount on w...
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I'm on my journey to buying my first investment property before the end of the year and I've spoken with a couple lenders, and one gave me the name and number for a private money lender that would fund 100% of the rig...
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I read advertisements for other landlords' rental properties. Sometimes they say "if you have any evictions, it will be a double deposit". I wonder, why accept more money just to take on a bad tenant? I think those ...
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Thinking of expanding the tools I use in my marketing tool belt. And door hangers came to mind, these are often less talked about around here compared to direct mail or bandit signs.
I know some investors aro...
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I keep on hearing from investors that "I'm waiting for interest rates to go down" or I hear "I need rates to go down for the numbers to make sense". Maybe these investors are saying this because they just got into inv...
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Hi all ,
Would you take someone from Marijuana conviction from 7 years ago as tenant ?
When they say Marijuana conviction means he smoke marijuana or could mean he was selling it?
Is easy to get rid of marijuana sm...
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As I was poking around at the relationships between jobs and potential predictors of job losses, I started looking at a mathematical representation of something less quantitative, that we are all familiar with. This s...