Kirby Baxter
Portfolio Loans for low cost rentals
Hey All,
I am seeking advice on Private Lenders that fund portfolio loans. I have spoken to my broker and the loan amount for several of the houses is lower than they fund. I am looking in an area that has started to...
Jacob Lessard
Financing my first buy
I am looking at a house built I'm 1983 that is in a good neighborhood, full of the same style renovated, modern looking homes. The asking price is 50k, and I am looking to offer 40. Previous tax assessments and prope...
Dan Fox
are tax lien actions worth it
I am thinking about participating in the howard county maryland tax lien auction. From one of the seminars I took it was stated that finding the trustee was a better route than bidding on a lien as big companies can ...
Anthony Ortiz
Is there any upside to purchasing a manufactured Multifamily home
I’ve been looking at multiple listings of Multifamily homes but they seem to be too expensive for existing ones. I was actually thinking about purchasing a lot that is zone R2 or R3 then purchasing a manufactured Mult...
Cameron Clark
Conventional vs. 203k Loan
Hello! I'm trying to compare whether to use a conventional or 203k loan. I tried to run some numbers as you can see in the image below. What else should I be considering when comparing these two options?I'm leaning mo...
Rahnesha White
First time home owner creative financing strategy??
I'm new to the world of investing and I would love to house hack my first property. I’m curious if I would be able to qualify for FHA loan(ideally) or any loan without a current job. I know that probably sounds crazy ...
Russell Brazil
Are Things A Little Bubbly In DC?
I am not one to say the sky is falling. I generally feel like there are strong fundamentals to the prices in the DC market. However I just saw this property close at $830k, which I feel was probably only a $700k pro...
Cheza M.
Issue with wire transfer
Hey BP community,I’m having a problem with wire transfer. My property manager was supposed to wire the rent to me every 15th of each month. When I checked and noticed that I didn’t receive anything I emailed him about...
Mariano Santana
Reverse Mortgage Deals
If anyone comes across a deal/opportunity where the homeowner has a reverse mortgage on the home, I might be able to help answer questions or point you in the right direction. It could be anywhere in the U.S. and it ...
Anita Z.
Should I form an LLC ?
Hi, Is it best to form an LLC if I have 8 rental units? I Know I can get an LLC online, but do I need a business license or should I get one if I'll be managing the rental units?What are the pros and cons if any?