Henri Meli
Hard money lender impact on ability to get a commercial loan?
I'm in the process of making an offer for multi family property for rental purposes. The financial institutions I have contacted require in average 25% down payment. They have asked for a Personal Financial Statement...
Matthew McMenamin
Indianapolis Inspector Recommendation
Does anyone have a recommendation for a great inspector? Someone with a construction background is always a plus.
Mario Jaspers Faijer
"There is no market for 5+ units?"
Hi BP, First time poster, long term listener/reader. I was talking to a lender the the other day and they mentioned they do not lend on MFH with 5+ units. Asking them why they said: "There is no market for 5+ units."....
Luz Pagan
Realtor VS Buyers Open Houses
Hi Everyone,I need help from the Experts on this idea>>>>>>>I would like your advise!!! I am almost done with one of the 3 properties I currently owned. I want to know which one of these two optio...
Lisa Thiessen
Can I reject a tenant after initial approval?
I am a fairly new landlord and don't have a lot of experience with tenant interactions. I met a potential tenant yesterday who balked at every requirement (extra rent for his pet, paying for the credit check/backgroun...
Tom Waddell
Using a self directed 401k loan as a down payment - best way to exit?
Hi all. I'm going over my options to purchase a buy and hold investment property. I don't want to purchase the property inside my self-directed solo 401k, so I'm considering taking out a loan from the 401k and pairing...
Vicheka Chres
additional tenant that adding to the existing lease
Hello BP, I'm renting out this single family home to (currently) five individual tenants. One of them vouch for the additional tenant. I modified the lease to add the last tenant move-in date to Nov 1st but I haven't ...
Greg Isaacs
Renting out second home part time
I have a second home in Sapphire NC that we plan to use 3 months out the year. I am looking for a vacation rental management company to do STR when we are not using the home. Does anyone have recommendations.
Fred Gonzalo
DEBT TO RATIO income problem
just got rejected.. was trying to use equity on 1 of my properties to purchase more this year.dti was the cause of rejection. Im very motivated and would like to ask you guys this..This year.. do i pay off most debt...
Eric Dekker
Any thoughts on early paying the mortgage on a BRRRR?
I have a new Rental property that I BRRRRed and is cash flowing relatively well. There is no early payment penalty on the loan. An extra $100/month would equate to the loan being paid off 7 years earlier and $27k in i...