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I've heard of many reasons to decline funding a mortgage over the years but this one is a new one to me.From a HARD MONEY LENDER not a bank. You'll recognize the name when I post it (not now) as they advertise here o...
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Hi All, I am currently working on finding my first small multi-family property, the plan being to combine the house hack and BRRRR strategies. Something I've been going back and forth on is whether to get a property m...
Hello all,I am currently looking to get pre-approved for a loan to buy a single family house so that I can live in one room and rent out the others to help pay off the mortage and eliminate my living expenses. I have ...
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I have been in contacts with local banks for over 4 months now in hopes of building a partnership that follows the new ARV (Appraised Rental Value) after renovations. Here's some of my observations...1. Banks usually ...
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I am looking to acquire my first property. My personal finances look to qualify me for around $125k. I have about $7k to work with for a down payment. I live in Kansas City, MO and am looking to buy in the area as I w...
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How does one start lending their own money to other RE investors?
I am curious how this process works, what rates/ terms are common? Is this a common practice? Risky?
Looking to learn more about this space
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Hi All, I never purchased a home but i am getting ready to buy my first home in the next 12-24 months. My wife and i live in norther California and i have stable job with good income. We also have good credit. My wif...
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My husband and I are currently renting in the cottonwood heights area in SLC. We have been saving for a while to try and buy a house. We recently stumbled on FI and we want to house hack. Buying a multi family propert...
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Im currently learning about the ways of RE investing, I've always had a niche for RE, but I am now taking action and working towards my dreams of becoming a rental property investor. Since late last year I've been doi...
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BP crew,Quick question regarding Missouri Landlord Tenant law. Is there a limit to how many people can be living in a home per bedroom? I ask because I have an application that I will in all likelihood be denying as ...