Jarrel Smith
Obstacles in the way of obtaining my first investment
Here's my story. I am in the process of obtaining my first investment. It's a duplex worth 180,000$ that's already been renovated. The duplex is "tenant ready". So after I figure out that this is the house I'm getting...
Jacob Hollen
credit needed to get mortgage for first investment property
I believe i want my first property to be a duplex or a 4 unit and 'house hack" my question is how will i get the loan? I'm 19 years old, i have 2 credit cards and a car loan, i have plenty of money to fund the down pa...
Nick Proffer
Financing troubles on a rental property
I would like to learn from someone with experience preferably in the lending department. I am having troubles on figuring out how to effectively execute a HELOC strategy for house repairs and for future investing.
he...
Kurt R.
HML Alternatives for 1st Deal - Personal Loan, LOC, CC?
Looking to BRRRR a SFR or small multi-family and only have about $30k cash. I'm not afraid of the cost of HML if the numbers make sense but hear the logistics of funding the rehab, etc. can be a nightmare...especiall...
Account Closed
How to begin investing with a large amount of debt
I have been listening to the podcasts, reading, studying and using most of my free time to learn how to invest. I have learned much from other investor stories but I have yet to come across a success story of a person...
Polina Goncharova
Lease Renewal with Increase and Other Requests
Hello BP!I own a 3 Flat property on Chicago's Near West Side and I am planning on increasing rent in the following manner:(Rent increase is due to market rents and a hike in property tax)3bd/2ba, 1,150 sq ft Apartment...
Gayla Kemp
DTI score high when allowing new purchase of vacation rental
I need to see if anyone has any insight into this. My DTI score is at 48% high for a couple of reasons. 1.Husband has hourly job with required overtime and bonuses. Only base is looked at which leaves out (rounded ...
Tom Port
Newbie to the US, and new to US real estate
Hi everyone!I heard about this wonderful forum from the BP podcast, which I have begun to thoroughly enjoy. Little bit about me; born and raised in the UK, first employee for a tech start up from Ireland, grew the Sal...
Long Dinh
Credit Score or Loan
Hello all,I have 5 Long Term Rentals that I converted to STR this year.I took out 40k from 2 CC to furnish the property and made some repairs.This lower my credit from 740 to 600.I would like to perform a Cash out ref...
Tim Rackler
Cheapest Way to Send Mailers to Potential Private Lenders
I'm working on raising private funds. Does anyone know the cheapest way to send mailers to potential investors? I had one of my employees pull a list of investors with their name and address only. So now I have a p...