Austin Negron
Using a Gift to Pull Off Househack
Learnt some interesting stuff today. For using an on 3&4 unit MF, you cannot use a gift as cash reserves. I believe you need at least 3 months of cash reserves (at least according to 1 lender). BUT! You can use th...
Michael Guzik
If you want something done right... Do it yourself...?
Howdy BP Community! I'm a beginning investor trying to house hack here in the best state in the country TEXAS. Sorry California, New York and Florida but you can't compete where you don't compare... ;) My question is ...
Ben Leybovich
Looks a lot like deflation boys and girls - hope you've got some CF
Are you seeing what's happening to commodities?
Chris Pontello
Avoiding a short sale through creative financing
Hi BP community!
Have an interesting situation, looking for ideas on the best way to solve a problem for a distressed homeowner.
The family purchased a lakefront property in a nice area three years ago but then ran...
Financing rental properties is a common roadblock that prevents many rookies from investing in real estate, but finding a great lender doesn’t have to be difficult! We’ve got some timely tips, tricks, and tools that w...
Ryan Johnston
Hard Money Lenders for First Time Flip - Tampa, FL
Hey BP,Just moved to the Tampa area and I'm finally going to begin flipping houses here. I've been waiting to move into this market for about 8 months and I'm super excited to be here. I was wondering if anyone had an...
Sachin Amin
I hit plateau in REI - how to scale up?
Have a great fulltime job with good pay and benefits - After investing in multiple states (8 units in total) (full turnkey) hit a plateau ( 1% rent rule, 9% PM fee, rent ready expense which offset your yearly ROI :) :...
Marcel B.
FICO Score: Best way to increase it.
Hello,I plan on buying my first multifamily this summer with an FHA loan. My lender said that I need a min. 650 FICO score and that they "take the middle score". My scores are as follows:Experian FICO Score 2: 586Expe...
Rob Simpson
Owner Finance, Seller Carry-backs - How it Affects My Mortgage
Rob, I think you would trigger the due on sale clause, but these forums discuss buying property subject to the existing mortgage, so maybe search that phrase and see what it says and if you could use it.
NOTE FROM MO...
Jess Jones
Advice for refinance options
Hey all. I'm new to real estate investing and am looking to purchase my first BRRRR in the next couple months. I'm pre-approved through a local bank that has a line of credit designed specifically for these type of in...