Mike Carroll
First Short Term Rental Property
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $263,000
Cash invested: $100,000
This is my first investment property located in a seasonal beach town. I built a 5...
Manco Snead
Loans for Supplemental Healthcare Workers
Greetings good people,I was hoping to get a few thoughts on an often asked question. I am looking for a loan in order to buy a property (single family to live in then refi, or a multifamily). My credit is excellent, I...
Aaron Hoye
Not going to lie, need help
I am looking for a mentor/partner in the East Texas area or Texas period. I have tried several different avenues and I'm not getting anywhere. So I have no problem with asking for help when needed. Looking to whole...
Blaine Dawson
Real Estate LLC Options
Hi BP Community,I am new to BP and real estate investing in general. So far the information I have found through this network has been incredible! As I am starting to build my portfolio I thought it would be best to f...
Aaron May
Does contributing more to 401k negatively impact my lendability
Does maxing out my 401k negatively impact my ability to borrow from the bank? I.E does it reduce my income and therefore throw off my debt to income ratio or does the bank give me credit for those funds knowing I coul...
Charles Evans
New House Hacker
Hey guys,This is an update on my first post about a house hacking opportunity I'm settling on! So I did a 3-2-1 buydown and secured a 2.875% interest loan for the first year of the loan, and it will gradually go up a ...
Christina L.
HUD multifamily loans - other than slow processing, worthwhile?
I’m doing some research on multifamily lenders and I learned that HUD offers loans at rates in the 3.5% - 4.4% range for 30 years with a 40 year amortization schedule. Other than the fact that it can take months for t...
Tommy Barone
First Meeting with Lender Advice
I'm looking to start the investment process so the first thing I did was talk to a person that I knew that works for a lender in Rhode Island. It's a bank that many people have had great experiences with. After runni...
Joe Maris
Missing Info for Property Managers and Investors
BP has a hole (missing info) for property management. I've seen several posts asking for a sample Property Management Agreement. Before you recommend calling a RE attorney or warning that laws vary from state-to-state...
Jon Mccarthy
Not sure
Not sure if this is the right place for this but I am looking to get some insight or help on this. Please tell me if this is smart or not.I want to pull out a HELO loan and pay off our bills so I can consolidate every...