Jim Breedlove
Refinance Conforming loans in the name of an LLC
I'm looking to do a cash out refinance on my 10 conforming investment property loans, but just learned that the FNMA rules do not allow cash out refinance for investors with over 4 loans. I am considering refinancing ...
Lee Leoncio
I would appreciate some advices.
Hi everyone, I just migrated here in the US for around 6 months now, and I'm really fascinated with real estate investing and its potential to change lives. I never done a deal in the past and I'm very new to this. I'...
Alan Frisk
Airbnb Automation - Out of State/Far Away
Hi all!
Currently about to close on our first house-hack/short term rental near Austin and were approached by a family member who wants to partner up with us and invest in another duplex about a hour away from our du...
Shital Thakkar
Dallas Vs Houston
Which city is better for long term investment? Dallas or Houston ? What are pros and Cons...?I listed few here, please share your opinion?DallasPros: Diversified economyCons: More natural disaster - TornadosHoustonPro...
Daniel Wuerdinger
New Investor Metro Detroit - currently on Visa
Hey BP-community!My name is Daniel and I am currently working in the Detroit Metro area on a Visa (E1). I am slaving away my life as an Application Engineer for a German automotive supplier. I strongly believe, that I...
Christian Beyer
Renting to Illegal immigrants
I'm not sure if this has been touched on previously but it recently became an issue that I never planned on dealing with.My business purchased a duplex back in November, and one of the tenants picked up and moved out ...
Bob H.
How to screen tenants without a hard credit inquiry
For the second time in a row, I have had a potential tenant ask me whether my screening process involves a hard credit inquiry rather than a soft one. Last time, I checked with my screening service, which gives me a s...
Chris Weiler
UBIT, Roth IRA and a private loan
Let’s assume I would like to purchase 200K in properties using my Roth IRA for 10% down and a private investor for the rest. These are high cash flowing properties. Assuming I have the properties in a self-directed R...
Mahesh P.
Screening International Tenants
Hello,We just received an application from a family who lived abroad for ~15 years. They are US citizens but not residing in the US for quite a while. They claim because of this absence, there would not be any credit ...
Jacob Morgan
Tenant screening: which flawed applicant would you go with?
I have a remodeled, multifamily building in an smaller, old railroad town which has been down on its luck for a while, but seems to be slowly improving. As such, the core neighborhoods are pretty scrappy looking and m...