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Hey everyone, I'm in my first contract in the due diligence period and after walking the property and thinking of renting as is for how many years i told the agent if i get the house I'd like to renovate it before i ...
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I currently own a home but I’m looking to move and rent out my current home. My mortgage rate is 2.875% so I don’t plan on refi to get equity out. I have 100k in equity in this house and plan on using a home equity lo...
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Hello! I would love to get input from the BP community on this. We are working on one of our first flips, and are trying to find that sweet spot on amount of renovations to do - most bang for our buck and time. We ...
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Hello everyone,I've been paying off debt and saving money for the past few months, looking to save for a house. I was planning to rent a couple of rooms to help with the mortgage, when someone introduced me to the hou...
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I'm currently a junior in college, looking to invest in multi-family real estate when I graduate. As most students will, I am going to have a decent amount of student loan debt when I graduate. (Probably upwards of 30...
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In the face of a transforming housing landscape and tightening availability, California has embraced Accessory Dwelling Units (ADUs) as a beacon of opportunity and practicality. Bolstered by state laws, cities, and co...
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I’m planning to do a pretty extensive kitchen renovation, the current kitchen is not functional and current tenants don’t have enough counter and cabinet space,plus the unit has no washer/dryer, which I add with this ...
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Hey BP members! I was toying with the idea (loosely) of investing in a car wash. There are two for sale in my vicinity. One has 5 bays, one of which is full service.Question: does anyone have experience with a ca...
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Does anyone have experience in investing in single family homes? I currently own a duplex and for me to buy another property I need a low down payment. The option my lender is giving me is a owner occupied loan at 5% ...
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I am a software engineer working in Bay Area. I found out that:
Case 1. When doing business loan for 4+ units multifamily, my W2 can not be used to calculate DSCR. For the top tier area like Palo Alto where cap rate ...