Brittane Jenkins
Dcsr owner occupied
Hello everyone!
Does anyone know if there is any work around with Dcsr loans if the owner wants to live in the house?
Keno Powers
Can my HOA restrict the type and number of tenants?
I live and own a 3 bedroom townhouse in a small community of 3 bedroom townhouses in a college town in Maryland. I'm moving and was planning to rent mine out to 3 college students when the HOA sent me this email (I'm...
Jonathan Tavarez
Hard money for owner occupied rehab
Hi BP fam.I have been trying to understand this for some time, in my area hard money lenders won't do loans if the person purchasing the property with the loan plans to move to the property after rehab, what is the re...
You may have heard a speech from Ed Mylett (AKA the greatest speaker of today) sometime before this episode, but maybe not like this. For those who don’t know, Ed Mylett is a renowned speaker, entrepreneur, real estat...
Hament Raju Mahajan
Business Purpose Loan for a owner occupied SFR collateral in California
Is a business purpose loan which is secured by borrowers primary residence similar to a business purpose loan secured by a investment property?
Are there any special criteria which the lender has to meet for...
Greg Lovern
Washington State law RCW 42.56.070(8) and contacting homeowners
I learned here recently that this web page can be used to convert parcel numbers in King County, Washington State to street addresses:https://blue.kingcounty.com/Assessor/eRealProperty...However, to get to it you have...
Gil NA
Private Lending Advice
Hello, I came across an opportunity to invest/ private lend on a fix and flip. The annual return rate is good and time-frame works for me.
My questions are;
1) what are the type of documents I should expect to re...
Nandish Desai
DSCR Close as individual
My wife and I bought our first condo in our own names. We recently sold that condo to 1031 exchange. We had bought the condo with a conventional mortgage in our individual names. For 1031 exchange, we can't close the ...
Keith A.
Property expense question on tablet purchase
For tax purposes can you use the purchase of a tablet as an expense if it is used solely for the purpose of managing and purchasing properties? I would like to use one specifically for this and not my personal one.
Ben Morrow
One Airbnb Account with Multiple Properties?
I would love to get everyone's feedback on whether or not I should have multiple Airbnb accounts or only one. I recently only had one property but not I have 3. The new properties will be deeded into an LLC so I think...