Just got off the phone with a lender that was interviewed recently on Dave Meyers' podcast.Had some of the best terms I have come across so far for DSCR loans.BUTThey DO NOT allow you to do ANY renovations (maximum pa...
Heard this recently as "the fly on the wall". No, I won't say who or where because I don't want people going back to my sources and saying that their conversation was overheard and some guy posted it on-line.The REAL ...
hey BP family,i would appreciate your input in this potential deal:Located in Northern CAPrice $500,000Duplex (3/1 each)Condition (7.5 from 1 to 10)42,000 Potential rental income / yearGood locationI can potentially b...
Hey everyone,
I am currently under contract for my first rental property. My inspector suggested I insulate the crawl space of the home as it is where the furnace is located; however, it is an older (but functional) u...
I’m getting mixed signals on what the average rates are today for owner financing. Some say 8-9% since conventional financing is still low, others (who currently owner finance in my area) say 10-12%. Looking for anyon...
Would Investors even consider looking at a mobile home if the park does not allow tenants?
Bought a duplex 8 months ago and started house hacking to get into investing. Turns out I have a leaky roof that needs to be replaced entirely, looking at ~$30k. I wasn’t expecting this, but plan to hold the propert...
Currently renting an apartment and am strongly considering buying a house in the next year, with the plan of living in it for 1-3 years, and then turning it into a rental. By the time I am ready to buy, I won't have e...
Can anyone speak to buying investment property using a self directed 401K? My understanding is the cash flow must go back into the 401K and it must be a non recourse loan. love to get some input / feedback
Hey veteran LLs.....do you do an annual tuneup on the AC units in you units (aka preventative maintenance) OR just wait until a problem arises and deal with it then?Many thanks!