Hello, BP!My partner and I are researching and putting together plans to become REIs. I think our plan will be to start by doing a couple of flips to build capital and then incorporate rentals to build wealth.Our ini...
I have an inquiry on my sfr rental from a young immigrant couple. They have itin number, been in the the states for 8 years and have paid taxes and will to provide tax returns. Claims they have no credit score becau...
I am interested in a property. The property is going for $950k and 25% of that would be $237k. We do not have $237k laying around. How do people come up with that amount of money to cover the downpayment? For example ...
There are a lot of talk about investing in RE with little or no money of your own but I asked a few lenders and they tell me that most lenders do not allow you to take on a second loan on a commercial deal because the...
Hello BP community! I'm reaching out to see if someone can help clarify BRRRR for me. I've been obsessed with Real Estate and building my wealth for the past year. I understand the principles of Real Estate and I also...
If it's your first several mortgages, can you do something like Airbnb to replace traditional rentals in the BRRRR game in the US? And IF you can, can you go at a similar pace versus traditional rentals?
Specifica...
I’ve heard of people getting rehab loans where you put down %20 of the acquisition price and %20 for the rehab and you get much better terms than an HML. Has anyone found a local bank in the Chicagoland area that offe...
Hi there,
I would like to purchase a Quadplex. However, I do not want a loan that will qualify me based off my DTI and ideally I would also like to put less than 20% down. What are my options?
I promise if I get a ...
For a first time investment property what method would be most profitable to set me up for my next property, brrr method or fix and flip?
Hey guys newbie investor trying to figure out how to acquire an auctioned home without cash. Most real estate agents I speak to talk to me like I am crazy or as it’s impossible or incredibly complicated. I’m here to g...