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So today I found out that due to my high debt-to-income ration (61-percent) that I cannot qualify for a loan bigger than $100,000. That puts a damper in my vision to purchase a triplex in the next few months. But not ...
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Hi, I'm currently renting in Austin. I have access to some funds to provide a good down payment for an investment property. But still debating whether it makes sense to invest here. In 4-5 years I plan to move overse...
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I closed on my first turn-key rental property through Rent to Retirement back in October 2024. @Zach Lemaster and his team was super helpful, supportive, and knowledgeable which ensured a super smooth purchasing proce...
I'm going to be very honest about my situation. What I'm wanting to accomplish may be immoral but I'm looking for a legal way to get my bank to sell my mortgage to a trusted 3rd party. My soon to be ex-wife and I are ...
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Hi all,My wife and I are considering purchasing a rental property in Waco, TX near Baylor University. As we come closer and closer to a closing date, we are beginning to have some concerns and fears since this is our ...
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If you opened this read this post in its entirety it will be worth it for you and post a reply there is no reason not to. Every single member on this site has no excuse for not being one of the wealthiest people in th...
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Hi All, Just like many of you, I am new to BP. I have two rental properties in California on my name and one thing on my mind is liability. What does the process look like if I want to convert the rental units to b...
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Hello,
Had a couple of questions on the current MH seller financing market:1) With all of the subprime lenders that appear to be offering low-down financing on owner-occupy mobiles (especially on land) is there stil...
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Hello! I might soon be purchasing my first rental property and needed some help. Is renters insurance needed? If so, why? Or is the landlord insurance all that is needed? Thank you!
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I’ve heard David Greene talk about banks not lending on properties that are complete gut jobs. He mentioned that you’d have to go unconventional for the most part to buy a value-ad opportunity. Is this always the ca...