Is It ok to get a mortgage on your first property (multi unit) to bring in passive income

Just listed our first rental and still trying to decide how to go about lawn care.  It's a single family home and the yard isn't huge.  Wasn't looking to provide lawn care since it is SFH.  I've been mowing all summer...

I am negotiating my first deal (fix and flip) and need Proof of Funds. Here is some background...I've been going back and forth with a seller working through propoffer.com. The original list price was just over $100,0...

Hello BP community! We are a highly motivated couple from New York, that have self educated ourselves in passive and active investing. We are currently seeking funding for our first flip in the Dallas, TX area, but ar...

I'm considering going threw a hard money lender. Questions I have is I know hard money has a higher intrest rate but also allows you to get in and get things started. Does 100% on rehab and purchase still exists with ...

Looking for some advice and or creative ideas on a commercial property I'm in contract on. Seller has offered to hold 10 to 15% of the property at a great rate for 8 years. I'm being denied a mortgage because I'm only...

Hi BP Nation. It's been a while since I've posted something here. I know a lot of you wants to flip houses given the popularity of fix-n-flip shows. SO for those of you beginners who don't have much cash and you want ...

Hello BP,

I thought that I can use my HELOC for down payment. I am in the middle of getting a loan, I was told that I can not use my HELOC because it will be a borrowed money. Can someone explain if I missed somethin...

Do I have to pay a down payment for a hard money or private money loan? Thanks

I'm looking to broaden my real estate library with something on lease options. Does anyone have any good recommendations or any advice on the lease option strategy?