Maria C Arevalo
should i do cash out refinance or 2nd mortgage to get cash out?
hello i have am FHA loan on my primary home but would like to do a refinance cash out to do home improvement and possibly purchase another duplex with my sister but was declined due to debt to income ratio this is bec...
Nick Leamon
How Does DTI work within an LLC
Hey there BP Nation,I have scoured the forums for an answer to this question, and I have left more confused than when I started.How does DTI ratio work when you own some homes under your name and some in an LLC?My sit...
James Martin
2008 Financial Crisis
I listened to former CEO of BB&T John Allison speak at Harvard Law School this morning. Give us Liberty, but not a Bailout!He talked about bad mistakes made in real estate driven by governmental policy. And anxiet...
Nader Hachem
Investing in SFHs in Redford, MI
For those who invest in the Redford area, what are your thoughts? I've been looking for my first rental property in Redford/Taylor areas and Redford seems like a good area as far as the numbers - cheaper single family...
Charlie Martin
Purchase under an LLC or not?
Hello, I’m hoping to buy my first property next year, and am wondering if I should create an LLC to do so. The reason is I want to separate my personal debt to income ratio from my real estate investing “business” and...
Rochelle Thea Fabrizio
Cultivation of Marijuana in a California SF Rental Property?!
I own a home in California that I will be renting very soon and was attempting to rationalize the pros or cons of allowing cultivation (according to local state laws) of marijuana. What have you guys done and what is ...
Michael Johnson
Has anyone ever considered taking down the divider in duplexes?
What if you rent out both sides and get some equity (just cause). Then tear down the wall separating the two units keeping load bearing in place. Put a huge area rug and a projector on the huge wall in the new "great ...
Aaron Smith
Closing cost
On a property that sells for about $88k approximately how much is closing cost
Brent Breitbach
Does this deal make sense.
so I'm looking at getting my first rental property.I will be buying a duplex from my grandpa and residing I'm one side.It has a long time tenants that he has never had problem with.I am offering 200k and will be finan...
Zak K.
Is a $750k investment property too much for us?
TLDR: $750k house in best part of town on a $140k single person salary, with a $2500 mother-in-law suit and 2 extra airbnb rooms. Am I stretching myself too thin?We currently have $100k equity in an up and coming par...