Shaun Callais
How does DTI factor into purchasing an investment property
I recently sold my primary residence and have a fairly large cash reserve. I am about to buy a home in Charlotte and my DTI will increase from 5.4% to nearly 45%. The total monthly payment is about $1,750/month if I p...
Zachary Bellinghausen
Convincing Condo HOA to allow STR's
I have a downtown Salt Lake City condo that is in a small HOA. There are two buildings with 6 units in each, for a total of 12 units. So it is a small community. There is an HOA meeting coming up and I am going to try...
Eric Justice
Positive Cash Flow Question
I am looking to buy an investment property in 3-6 months. Ideally, I want it to be a condo in the Chicago area with positive cash flow. It seems difficult to find a property with positive cash flow. I am looking for a...
Ryan Cooley
Refinancing BRRRR in Arizona
Lining up my first BRRRR in Maricopa, Arizona. I want to be sure everything is in place. Does anyone have a bank/lender in the Phoenix area they recommend I go through to complete the refinance?
Chris Mooney
US Veteran & Newbie in NYC/Westchester area
Hi all!I'm just starting to learn about real estate investing. I recently completed an MBA and have spent the last few years learning about stock market investing, but I want to invest in real estate in order to live ...
Josh Edelman
Assuming a VA Loan - Can I do it while my 1st property is VA?
I currently own my own property as a VA loan. I want to assume a VA loan property across from me as an investment property and/or move in to it. If I assume it, will it count against my VA eligibity cap? Am I even ab...
Keith Kennedy
1% Rule? 2% Rule? Help!
Are these two separate rules of thumb? Writers have opined on this forum before on this topic, but I remain confused. Rules are made to be broken, so how far do these rules extend? Assuming they are different rules, ...
Richard E.
What's a fair partnership % split?
Listmates,In a brrrr scenario, assume one partner finances everything. Other one gets the deal, and oversees the project and basically does everything, but puts in zero dollars.Question: what is a fair percentage for...
Jarred Sleeth
Cash Out Refinance after 4 mortgages, what are my options?
Hey BP,I recently made some major upgrades to a property of mine and wanted to do a cash out refinance on the property. It's in a conventional 30 year at 5.5% with about 53k on the clock. I figured I could cash out ab...
Vincent D.
Vince's Rule of 7: Finding the Right Inventory
If you’ve managed to untangle yourself from “paralysis of analysis” for long enough to explore your local market, here are a seven ideas to bear in mind:
1. Keep it within 30 minutes of where you live: The reason fo...