Vlad B.
Factual or Realtor Sales Pitch?
Hi BP Community, I need some help validating the following:Realtors/Mortgage brokers are saying that now is the time to buy investments SFR or Small Multi-Family because when rates go down everyone will be buying. How...
John Good
Accessing equity in multi-family properties
I have a few duplexes that I refinanced in 2020. I locked them in at sub 3% 30-year fixed rates. The last two years have been crazy with appreciation and now I am looking at different ways of accessing the equity in t...
Ping W.
Should I take a potential tenant with credit score of 524?
Good Morning everyone,This potential tenant is a RN with a retired/disabled husband and her adult daughter, a single mom with Borderline Personality Disorder and her grandson. They have move than enough income to pay ...
Troy DeLong
2018 Tax Law Changes
I'm about halfway through BP's book 'The Book on Tax Strategies for the Savvy Real Estate Investor - Vol 1' and just noticed the book was written/published in 2016.The book is great so far, but can anyone point out th...
Matt Miller
Newbie From Detroit Area
My name is Matt Miller. I have been lurking around the forums for a few weeks now and finally decided to introduce myself. I was first brought to BP by a search on Google. I have always been interested in real estate...
Michael J Shabazz
Valuation in Historic Collier Heights
I'm currently working to determine the ARV of a 1930 brick house in Historic Collier Heights. Naturally it's not as simple to comp a house of that age, especially in an area under slow gentrification. Are there any ...
Dave Irby
New to BP looking at Richmond, VA
Hi all,
I am Dave Irby - currently living in Locust Grove, VA but planning to move to the Richmond, VA area in the next 2 years or so. I currently own a couple of vacation rental houses on the Outer Banks ...
Yogesh Bhadane
Big hit for investment mortgages
I am seeing significant increase in investment loan interest rates due to recent announcement from Fannie Mae.They are limiting investment loans intake and Lenders are asking significant down payment like 25% with 4.6...
Ofir R.
50K Cash, DSCR loan, where?
I got 50K sitting aside. I wish to use it for an appreciating property. I don't like stocks etc. Since I'm a new immigrant with no credit score, a DSCR with 30-35% down payment is my only option, so the 50K need to in...
Dean B.
Commercial lending options
Greetings bp!we are in the process of acquiring multiple multifamily portfolios as we have a significant 1031 exchange amount. We are already 10 units in and are in contract for another 27 spread across multiple State...