Calvin Peterson
I want to buy a house by the end of the year and plan on utilizing an FHA loan
Hi,I live in Fort Lauderdale. I am planning to buy a Single Family home by the end of the year and intend on "house hacking" (roommates). I want to put as little down as possible. I'm looking to find a lender who can ...
Ken Lou
Will I be able to obtain mortgage?
Hi everyone,
I'm planning to buy a single family home under $150,000 as a rental property. I'm a foreign investor (but have green card) and have no income history in the states. I have a credit score of 704. ...
Thomas Eineke
First Rental / First post
Hello, I've been putting offers in on for my first rental property (single family homes out of an HOA). Anyway.... I have enough put away to purchase a few properties for rentals and kick start everything with a fast...
Kenneth McKeown
Thoughts on credit / background / rental check?
I have a unit that’s come up for rent (half duplex). I evicted the previous tenant so I have to admit I’m a little nervous with who goes in next. One side is rented to a family that had bad credit (medical bills), no ...
George Bailey
Lending to a Non-US resident
Hi all! I am new to the BP community and looking for some advice from you friendly people! First, let me quickly give you some background. I am British and have been working in the US for almost 2 years. I am currentl...
Vince Osuna
Lenders who use projected/little track record of STR’s to qualify
Hello! First post here. Thank you all in advance!I recently purchased a property in Big Bear City, California in December 2021. The property is a 2 bed, 2 bath setup turnkey for short term rentals. It was renovated fr...
Nathan Hollingshead
Financing options. Help!
Hi gang! I have set a goal to purchase my first rental property by the end of this year. I haven't yet sought a preapproval because I think it's a little early, but I have some questions as I have purchased two homes ...
Mike L.
How to find good tenants for a property in a not-so-good neighborhood
In Southern California, the rental properties that make most financial sense are often in some not-so-good neighborhoods.
I screen applicants by running a credit check, but I have never found anyone with a cl...
Conor Hussey
Four Family Investment: FHA vs. Conventional
Hi all! I am looking to make my first real estate investment in a four-family building. I am open to living in the property, if necessary, however, would prefer not to. With that said, I am aiming to limit the total d...
Kirk Watkins
Best way to sell a successful STR?
I have a short term rental that is very successful in St. Louis as it has 5 bedrooms and 5 baths. It has a good history, but I need to sell it. How would you recommend I market it to investors? It is best suited to...