Hey BPers!I'm thinking of investing out of state, specifically in value add/fixer uppers. I'm planning on using a HML and from the ones I've talked to so far, they require that I borrow within an LLC. I've got two que...
hello all,
My husband and I own 4 properties. Our home in Houston and a triplex in Galveston. Currently two are rented out and third one as an airbnb vacation rental.
We are looking into buying more real estate but...
Hi everyone,I have 3 houses in Memphis and I'd like to bring down the payments on one of my houses quicker. Can I pay towards just principle as a separate payment or will it just count as an extra normal payment? I've...
Hello! I just joined since I've looked at some of the forum posts and love the helpful community and would appreciate some personal advice. I bought my first home (conventional loan 5% - 420K 3 bed 2 bath beach house)...
Some of you may have read my previous post about turning my current home into a rental. It looks like refinancing my loan may be the best option to turn the property into a profitable rental by lowering my month...
I will soon be purchasing my 1st SFR. I see many options with good reviews for the management side (particularly Cozy and Tenant Cloud, for example). However, I will using a property manager and am not looking for t...
I’m looking for a single family house to BRRR. I see pre-foreclosure and foreclosure homes on Zillow. Is it wise to look at this type? Is there generally room to give low ball offers? I live in S.C.
I've read mixed things and was not able to find a previous post on the subject but has anyone been able to use the projected rental income towards your DTI ratio to be approved for an FHA? I did an FHA on a single fam...
Hello everyone,So I bought my first house about 4 months ago with a 3.75% 15 year FHA loan for $75,000. And naturally quit my job the next day.. Okay let me explain, I had a job at Toyota as a mechanic paying me $2,00...
Gamestop should issue shares, buy their "undesirable" retail and do an OpCo - PropCo split; spinning of their real estate into a REIT refinancing some of their expensive debt as property level mortgages along the way....