Anthony Musolino
Buy and hold multifamily home pros assistance needed
Hello, I am new to the BP forums and would like to know what all of you think about my situation. I started investing when I was in my early 20's when I purchased my first home. As I moved around the country due to my...
Neil Hunter
Confused on what to do with rental property
I have a home that I am renting out in central California. I owe about $160k, and its worth 290-300ish. Currently my cash flow, after all expenses, is about -$20. I've been weighing my options. Since I'm losing money,...
Peter Walther
Florida foreclosure lawsuit
I just read a Florida foreclosure appeal decision I thought was pretty interesting. It seems MST brought a foreclosure action on its first lien mortgage and obtained a $183k final judgment. It must have been a fairl...
Fouad Droubi
Best way to use Rent payment from the property?
I purchased my first property back in 2018; the monthly mortgage payment is $1300 (which includes interest, principal, property tax, and insurance). I leased the property a month after the purchase for $1550 a month (...
Rob K.
Do you sell your rental when the value jumps?
Just curious what some of you other buy and hold types do when home values jump, but rents don't. I have some houses that I purchased for very little and they cash flowed very well. Now the values have gone way up ...
Orlando Goodon
Where can I find a list of example deals for 3.5% down multi?
About to make my first deal but I've never done one, so I don't even know what a good deal looks like. With 20% down, it's easier, but when you only have 3.5% down, I need to set lower expectations with a FHA loan dea...
Nick Walters
Conventional financing and the DTI ratio
My wife and I are having a discussion about the ability/inability to acquire 10-12 single family properties in 5 years. Her strategy is to pay down our first property considerably before buying another one, and my ...
NA Jones
Conversing with the other agent
Little background: I am a newly licensed agent. I haven't had a transaction yet. I have a couple buyers clients who aren't really motivated, and no listings yet. Needless to say - I DONT KNOW THE ROPES! Hahaha.My...
Fred Shandler
1st time deal: Plan Question
For my first potential deal (2 family, 30-40k - 2%/50% rules in place). In the interest of making my first deal at the lowest possible price, what do you think about my borrowing a business line of credit (from my cu...
Zach Davis
New Member From Sandy, Oregon
Hey everyone, I'm a new member from Sandy, Oregon. Sandy's a town of 10,000 that's located in Clackamas County and just east of Gresham and Portland, Oregon. I have experience in construction and remodeling as wel...