Quick question for anyone who has ever purchased a condo (buy and hold) for rental purposes. I recently went through an inspection of the unit/building and there were some minor water leaks (slow drip) in the basement...
BP,Does anyone have experience buying an non-warrantable condo as a buy and hold investment? I've been looking for another property in the Phoenix area, and it seems everything at my price point comes up as non-warra...
Thanks to all who take the time to answer. Here is our situation: we own a primary residence on which we own a mortgage and we've recently made a cash purchase of a lot from a foreclosure in a highly desirable area. W...
Hi Everyone,What is everyone's strategy for their cashflow? Are you saving up for the next rental property? Are you paying down your primary residence giving you an option for a HELOC if you want down the line? Are...
My husband and I want to purchase our first short-term rental property. We have enough to cover the down payment and closing costs, but not reserves. My plan is to get a HELOC on our primary residence to use as need...
Hey trying to find a lender in Oregon bank, credit union, etc that will do a 20/80 30 year loan for a primary residence ???
Wow, it's been years since I had to do a 30 year mortgage on a conventional rental (4 units or less). I'm thinking of trying it again for a property that i found. I could easily do a 20 year commercial, but I like Aun...
I'm wanting to get into a multi-family house hack in 3-6 months. I'm currently not in my own place and would like to be on my own as soon as possible, an apartment is also an option.I started a new job 3 months ago th...
Hello BP community. I have what I think is a pretty straight forward question, and would appreciate any feedback before I write the HOA back.I am looking at a place in North Carolina that is managed by an HOA. It's ba...
Hello,I am currently living in Norfolk, Va and house hacking a place I purchased in November of last year. I am looking to buy a rental property in the area for roughly 100-120k but I do not have the 20% down that mos...