My lender states I need to show rental income on my taxes before I can refinance my investment property. Since I purchased it in December it won't show until next year. How do I get around this? I hear investors say ...
Hi,I guess this is a newbie question, I'm sure this has been covered before but I couldn't find the exact answer for my question.I'm looking to purchase a few properties and rehab them with my own cash. Once the prope...
I purchased a house in October on seller financing.Since then I have rehabbed and rented out the house. Purchase price- $80,000Rehab cost - $20,000ARV - $140,000I am wanting to cash out refinance and pull out some of ...
Help BP! Any advice would be helpful here! I am a current house hacker in the northern NJ area in a multifamily home. I am hoping to house hack again either in the same town or one closer to where I work. From a capit...
how long do I have to wait to tap into the equity of my first rental which I will use to purchase my second property do I have to wait 6mo bc I would like to be on to my next property within 6mo. thanks in advance
I'm trying to learn more about what's going on in Columbus and it's been quiet for a while.Currently working with my property manager on managing my duplex in Linden and still looking for deals each day.What's everyon...
So I’m under contract for a property that I’m getting for 40k. I’m waiting on an estimate now from the GC. The estimate could come back below 75k. The problem is I’m only seeing hard money lenders offering no less tha...
Hello BP family,I have a potential rental unit that i am looking to purchase with cash from a bridge loan. I want to immediately refinance to a 30 year conventional. Is this possible within a month or so of purchase, ...
Need some help figuring this out... The Mr earns @ $100k on his W2 job. He will retire from that this mid December. We live in California, but will move permanently to AZ in December.We own 3 rental properties in AZ;...
Hi BP, I just recently bought a duplex that I am house hacking. Just today the drain for the house has clogged, making it so myself and the tenants in the other unit cannot drain any water in the house. The soonest a ...