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I currently have 3 properties. I am using a family members line of credit on their house to build an ADU in the back of my 2nd property and I will be in debt to them approx. 100k plus about 8-10% interest. They aren't...
I'm not sure if anyone has brought up this strategy before but I'd like to share how I funded my flips starting out. I call it credit card hacking though thats probably not a great name for it with cyber crime and all...
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I'm not sure if this qualifies as creative nonetheless... just a curious question can someone with an FHA loan also use PMI on TOP of the loan??The reason why I am asking is because I'm looking at fourplexs in my are...
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Hello everyone,
I will be signing my first lease tomorrow, many thanks to the BP community. I have a couple questions for you guys.
I am going to pro-rate the days Dec. 24-31. What do I put for the term...
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Hello everyone I am looking to purchase my first rental property and I have analyzed many deals. What rules are you guys using to measure if the deal is a winner or not? I have been trying to use 1% rule and 50% rule,...
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I live in lane county Oregon and my husband and I are trying to purchase a couple houses at auction to flip. It is our first auction purchase and we want the house renovated and for sale within a couple months so we ...
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Long time lurker and thanks all for the learning! Need some more learning on the below and prefer Canadian knowledge (thanks in advance). I am interested in a model where buyers are screened before properties are foun...
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Hi BP, I am a newbie investor in Houston, TX and I want to build a rental portfolio. I’ve been told that “house hacking” or buying a single-family residence (SFR) with a downpayment assistance program and renting out...
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Hi Everyone,
I'm about to kick-off my first Direct Mail Marketing (DMM) campaign and I'm at the point where I'm starting to compile my list. I've done some driving for dollars and found some hidden gems, but I'm look...
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Hi! Im a new wanna-be investor and have been researching financing options and properties for about 6 months now. Ive read several books on general finance and investing in real estate and Im looking to finally pull t...