I'm looking to make my first property purchase. I've been reading that most mortgage lenders require a 2-year history of employment. Does that mean in the last 24 months from now? Or the last two complete W-2 years? I...
Over the past 6 months, I have responded to probably 6 solicitations from area wholesalers (mostly yellow letters), and I have not received one single follow-up call! I don;t understand this: the wholesaler spends hi...
I'm working on just my third property (one being a flip and the other a rental where I used an agent / property management company). I am going DIY on this one to find a tenant. So far, I setup a listing on Cozy and...
I'm a experience property manager that is taking on a client with 10 medium term furnished properties for management. We currently manage 4 medium term rental and have some systems in place. My question is what type o...
Recently, I have been trying to take out a loan for investing in fix-n-flip and I came across Sprout financial and they are offering me $70,000 with no collateral and no interest with fees of $6500. Has anyone used th...
Hello BP community,
I recently listed my home on Airbnb looking for a 30 day minimum rental. Seeing as this is an online platform I want to make sure that I don't approve any stays that are from a scam guest.
Has an...
Hi,
I have been approached to invest with several large apartment complexes in large cities throughout the U.S. From what I understand, the process is that you invest into a holding company such as a REIT (not throug...
Just bought my first investment property back in July in Columbus, OH. One unit is rented out but it's been a challenge to get the other unit rented (Duplex). I'm an OOS investor and have a PM company handling everyth...
Hello everyone! My question is pretty simple and straight forward. How long do lenders typically honor a Pre-qualification? I plan on using either an FHA or a VA loan when I get home from overseas in about 2 months to...
Because I’m 2 -3 hours away I’ve asked a realtor to view some homes I may be interested in . To Let me know if mold or cracked foundation is there . If not - I’ll go see them . He asked for a “small fee” to do this . ...