D Williams
Preparing to Rent - application 1st?
I’ve read previous posts on this topic but am curious if the sentiment has changed over the years. I am not a new landlord but the homes that I have rented in past were homes that I didn’t currently live in. The hom...
Peter Thomas
HUBZU Experiences Revisited
I've been tracking some REO properties on HUBZU and have a few questions:1. One particular property is listed on MLS at full retail price. The full retail price would be the market value AFTER the property is rehab...
Jennifer Ward
New Private Lender Need Advise on Due Diligence & Loan Structure
My husband and I have been in communication with a fellow investor located in Cleveland regarding a potential JV to purchase a small multifamily in the near future. Over the weekend he asked us if we would be interest...
Jerie Bowie
Can I See the Occupied Units?
I got a lead on a 4-plex where two units are occupied and the other two are recently renovated. Can I ask to see the occupied units to know what, if any work, needs to be done?
Rob Wilcox
BRRRR Mortgage Broker Needed
Hello BP,I’m just looking for a little refinance help. We have a SFR in Atlanta, GA with a loan balance of $140k. It’s worth $260k. We have it rented at $1,695 / month on a 2-year lease. We are looking to refinance, a...
Edward Ruan
Bay Area Investing Metrics & Locations
So I've been looking at properties all around the Bay Area for a while, and it seems pretty difficult to hit the 1% rule anywhere I would want to actually live for a house hack. The closest option I'm seeing is maybe ...
Ricky Martinez
Got hammered with 3 lawsuits and no protection.
Hi, I have a business that I been conducting for the past 10 years. It is a construction company and most of my savings of 10 straight years are in the same bank account I use to pay employees, contractors, suppliers,...
Flavia Pires
CREATIVE FINANCING - SECONDARY HOME OR INVESTMENT PROPERTY?
Could I buy my 1st investment as a secondary home instead of buying as an investment using 25% down payment? Currently own a primary single family home. I asked this question to a lender before but, was told I would...
Brian Naumann
Is it worth it?
Hi everyone, I am new to BP and Real Estate investing so bear with me. Is it worth it to invest in a washer & dryer in a rental property as a way to increase NOI? My thoughts are it makes the property more desirab...
Fausto Carosella
Version of FICO score
Hey Lender Friends,
Do you specifically know which version of the FICO score you use for qualification? — i.e. FICO score 5, FICO score 8 etc. — Is it typical for a lender to know or not know which one they use?