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In light of the recent 50bps rate cut, we're starting to see an uptick in requests for Freddie Mac SBL and Fannie Small Loan multifamily loan quotes. Given the recent pickup in activity, I thought this would be a good...
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I am drafting in a new part to my lease to include an inspection, since I have heard from the podcasts that it is really a good way to make sure your units are kept in great shape. I was thinking of wording it as some...
Hello, I am somewhat new to BP. I've been listening to podcasts for a month or two now, but this is my first post on the forums. After learning from reading and listening I am taking the next step to network and start...
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I refinanced a property owner-occupied conventional in February, then COVID hit, and I had to move into one of my rental properties. Now that I am living in my rental for the forseeable future, can I refinance this p...
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Hey everyone. I came across BP and decided to join. If anything it is more food for thought I guess. I used to live in WI where I meet my wife and our 1st house was an upstairs/downstairs duplex and then we boug...
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Investment Info:
Single-family residence buy & hold investment.
Purchase price: $800,000
Cash invested: $800,000
Life goal to retire in Yosemite. Purchased with plan to live in permanently, put i...
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Hello!I hope someone can help me out. I own one rental property and I have a lease option tenant in the house right now. The tenant has a 2 year lease and a separate "option to purchase" agreement. Things were going w...
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April Is Earthquake PreparednessMonth In California. Are You Ready?April Is the official month dedicated to "EARTHQUAKE PREPAREDNESS" There are things you and I can and should do to help ourselves, our families and ou...
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Hey, everyone looking for some advice in regards to financing a potential flip. I have about 100k in equity in my primary residence and have heard some success stories in using HELOCs for flips. In my market, you can ...
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Hi,
So far I have been using my IRA to purchase properties so the POF has not been as issue as I have been just using cash from within my IRA. So the whole POF thing is a bit new to me.
With that being ...