Hi all,My name is William and I currently live/work in Brooklyn, NY. I moved to NYC about 4 years ago, and have been renting so far, but realized financials are much better on the owner-operator side. My goal for my f...
I am purchasing a 4 unit apartment building in my hometown in Wyoming. I am using Guild Mortgage, from which I heard of on one of the podcasts, and we have a branch in my town. I was going to purchase this property wi...
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...