I live in NY & own a STR in FL as a 2nd home. If I want to add another STR to my portfolio, what is the best way to fund the purchase if I won't be approved for another personal mortgage. Should I put the curren...
Longtime lurker, first post. Thanks to the BiggerPockets community for all the invaluable advice -- it's helped me personally and professionally for many years.
Here's my question: This year my wages at my non-real...
Ladies and gentlemen of BP,I am planning out the structure of my fledgling investment business. Any and all feedback is welcome. Thank you in advance…Strategy: Buy and hold with enough equity in each deal to flip as a...
Ok so I know what you are thinking.....”this guy is about to get arrested” lol Well no. So I am buying a property as my primary residence. I am getting a mortgage and I did state to the lender that I intend to live th...
Hi
I currently have 3 single-family homes that I have had for a few years now before the market went crazy in our area. I got the places at good deals and they would be worth quite a bit more.
I was just wondering i...
Hello,Like many of you, I started without an LLC and purchased properties via conventional loans and protected myself with Umbrella Insurance. However, I'm getting to the point where the business is scaling and I crea...
I’m closing soon on my first Single-Family rental home. Good chance my renter will have a section 8 voucher. At this point in the process it’s too late for me to form an Llc for the mortgage. I’m strongly advised not ...
Hi all,First, a huge thank you to BP and the entire community. I just started my REI journey and have found the BP community immensely helpful. Thank you all for what you do. I have a few related questions regarding L...
Hi BP family! Are there any investors whose primary source of income is 1099 or other contract work? If so, any tips on how to appear as stronger candidate for conventional loan? Especially if your income fluctuates m...
Hi all,
I am the trustee of a property that is paid off. I am trying to cash out refi on that property and the mortgage broker I am working with says that I need 6 months worth of my personal homes mortgage and of th...