What are your thoughts to renting to a tenant who went under Chapter 13 bankruptcy? Tenant that applied has a very low credit score of 545 and is under Chapter 13 bankruptcy. Credit check reported bankruptcy on ...
Has anyone quit their job after just one or two deals?
After the second one I have in mind, my net income will equal my W2.
Just curious. I am tempted. (I posted this in the STR discussion because I doubt this has...
Hi everybody, first post, thanks for being such a great resource.We are looking at buying our first rental, it is a condo in a remote area (remote to us, the area itself is developed)my numbers on the one unit ive lo...
Good morning BP!I am looking to purchase my first owner occupied multi family in February 2020. Right now I am working on gathering my team together. Reaching out to agents, getting contractor prices, looking for lend...
How many of you have tenants paying $600 and under who aren't living at or below the poverty line? Don't take offense. I'm well aware that $600 can rent some nice units and is enough for a mortgage payment in some ...
Hello BP,I am reaching out to inquire about EMD lending. Are there private money lenders who fund EMDs only? Trying to research available options where the effort exists, offers are being accepted, but the credit situ...
Hi BP Mortgage pro's,
theoretical scenario: a doctors loan was used to buy a primary residence rental portfolio piece, while talking with the loan officer @ big bank name about how it would be used as a rental portfo...
We are in the market to buy and hold and plan to put down 25%.We have a seasonal real estate agent working with us, who is also a friend. Rent in the areas we are interested in is about $1300 – $1550 for a 2 bds/1 ba...
I'm in contract to sell a rental property in San Jose, CA and trying to decide what to do with the proceeds. Given that the numbers don't really work where I live, I'm willing to invest out of state. My primary f...
I'm looking to invest in Texas, and have been looking at Austin, Dallas, Houston, and San Antonio. All 4 cities have their pros and cons, and I haven't yet decided which one I want to focus my efforts on. I'm not from...