Michael Newman
No Credit No Money, How Do I Start
Hello everybody, the title is self-explanatory. I would like to hear from investors who have started their investing journey with an apartment in the same situation as I’m in. What did you do and what do you recommend?
Nico Ferreri
Best strategy to lower DTI for a mortgage loan
Hello BP Forum! I'm pretty new to this industry, but have been soaking up a ton of info all summer reading BP books and listening to podcasts. I have a few personal finance questions regarding my student loans and my ...
Mitchell Maginnis
Purpose built vacation rentals
Hi!
I recently completed a new build STR. I like the fact that I was able to design it with unique additions that none of my competition is offering, and I want to continue to rinse/repeat this process. I have a parc...
Dale Osborn
The 737,000 mistake
The National Association of Realtors (NAR) is trying to explain why their 4 year average for resale homes is off by close to a million homes. This is another indication that there needs to be outside checks and balanc...
Dylan Burnett
What's the best mortgage length you all do?
A teacher I used to have has 38 properties and all 10/15 year mortgages which all have break even cash flow which in turn lowers his taxes from his full time job. After the 10/15 years he refinances and pulls out as ...
Joe S.
Do you all asset based lenders do this?
Do you all asset based lenders do this? So I was referred to an asset based lender. They talked great game and said that I was a great fit. They explain their Lending and refinance program and so I find a property tha...
Alex Wise
Save Cash or Invest?
What do you recommend for short term savings? I’ve been a bit timid with purchasing my first investment property. Analysis paralysis makes me hesitant at this time with interest rates what they are and anticipating a ...
Towanda Glenn
Funding for a rehab
Does anyone know of a way to get a rehab funded (house plus cost) without doing hard money lending?
Andrew Smith
Money for down payments
I have just started the process of trying to buy my first rental property. I have 22k in savings and was trying to find a house in the 90k-100k price range. The lender I talked to said I would need 34k for down paymen...
Ricky Reese
Go solo or seek private lenders
Good evening BP community, from reading articles and listening to podcasts I understand that private lending can really help you build up your portfolio. I am currently saving for my second deal. My original plan was ...