Kevin Coggins
Best Places to Park Money Short Term?
Looking for some other ideas about where to put money to place short term ($1,000 for one year, the other $1,000 for 2 yrs), basically this is money on top of my emergency fund that I'm saving for big ticket costs for...
Prashant P.
Anyone use a Home Depot or Lowes Commercial Credit Card
I am starting a new rehab and was considering applying for a Home Depot commerical credit card. The reason was two fold. The first being I can build credit for my LLC. The second being I could use any financing dea...
Ryan Rogers
BRRR Poll Question: With break even cash flow, Yay or Nay?
Hey all!Hypothetical but very a real question:With little to no money to start your REI career. If you could perform the BRRR strategy, factoring in ALL EXPENSES. Cap Ex., Vacancies, Etc...And broke dead even to beg...
Nadine O.
Where would you move to start building your real estate empire?
Hi BP Family! Where would you recommend living in USA to start house hacking and building a rental property business? The intent is to relocate from a high cost of living area like the Bay Area in California (although...
Cameron Riley
NEED HELP- How to Tell A TENANT he wasn’t selected for my RENTAL
I have a very nice urban property up for rent. The clients that often apply to my city homes have POOR credit.. so I NEVER judge an applicant based on their credit score, I have removed that judgement from my process....
Mo Farraj
Does Number of Days on MLS affect your buying decisions?
Hello All,I am a new investor and looking in Upstate NY for my first rental. I am currently working with a broker and she said the below statement that really changed the way I view properties under my search criteria...
Jeremy D.
Quitting the day job to do REI full time
I know this subject has been discussed numerous times in various threads on BP, but I'm going to bring it up again.
I am looking for feedback from anyone that has gone from investing and managing their own properties...
CL Ziegler
20 percent down, always? (is it possible to do less?)
Hello,
Is the 20% down payment guideline a fixed rule across the industry? Or, is it possible to get a mortgage on rental property for a smaller percentage down payment? (maybe 5-10%, or even *gasp* no money ...
Gabriel Smith
ARM 10/1 financing on rental
Hi everyone!I feel like this might be a dumb question but I've got to ask anyway. Im looking at financing options to pull about 20K out of a rental. I have a hundred thousand in equity. My local bank presented me with...
Kyle Gregg
203k Loan Officer misrepresentation, need help!
I am chin deep in a 203k and days from closing but my brokerage company has screwed me good. Please continue reading to get the whole picture...Ive been working with a loan officer for months now trying to close on a ...