David Lao
FHA with 15% Down or Conventional with 25% Down?
I'm in contract to buying a 4-plex in Oakland for 1.1 M. I plan to owner-occupy one unit and rent out the other three. I wanted to take out an FHA loan while putting just 3.5% down, but due to FHA's self-sufficiency ...
Alex Mast
Aspirations
I am 17 and lately have been consumed in the process of finding the right college. Recently I read one of the best books I have ever come across called "Rich Dad, Poor Dad". Up until this point I have assumed that all...
Brian J Allen
Fannie Mae 5% Down Multifamily Loan: A Double-Edged Sword
In November 2023, Fannie Mae introduced a new policy allowing owner-occupant loans on 2-4 family homes with just 5% down, a significant change from the previous requirement of a minimum 15% down payment. One might thi...
Matt Nettles
Michael Blank Mentoring?
Does anyone know the cost of Michael Blanks mentoring program? I have scheduled a call but it didn’t say anything about pricing.I know he has pricing for his ultimate guide course and his deal maker package but nothin...
John Boby
Making a Tenant Responsible for Repair Costs in California
To lease out a residential units in California I usually see the real state agents use month to month rental agreement (C.A.R. form revised 12/15). Is this the best form to protect landlord for repairs? Is it OK to ...
Scott Isley
Apartment Investment and Syndication NIghtmares
Hi BP,
As I'm getting closer to raising the funds for and acquiring my first apartment property, I'd like to hear the bad and the ugly of your experiences and what you LEARNED from them.
We usally her t...
Chris L.
Offering a tenant an incentive to move out.
I have heard of folks offering an incentive to have a tenant to move out. I will be selling my property in a couple months and my tenant is on a month to month lease. A landlord can't ask a tenant to move out just bec...
Zack Williams
LLC for California Residents
I'm debating whether or not if it makes sense to get an LLC for my out of state investment properties? I know it would make sense from a legal stand point but with the $800/yearly cost taking away from the cash flow i...
Winniferd B.
A Little Nervous...
Ok, so I've been driving for dollars for about a week or so now and found some properties that may be worth wholesaling. I've done the research on them and gotten contact info for the owners. Now my next step is to ...
Robert Sandoval
Heck school I want to invest now !
I know it’s important to stay in school and all but with this quarantine going on and everything, all I have is time that I’m wasting and I just want to become an RE expert and literally be 10 steps ahead of the game ...