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So I discussed getting a loan on a commercial property (8 units) and he gave me a "soft" approval with values as 30yr fixed and around 4% interest. I spoke w/ him again today and he said it would not be that. I guess ...
I have a potential tenant with a score just under 600. This is much lower than I usually find acceptable. The reason given for that score is that this person owns a rental property with someone else and the property i...
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Hello Everyone!I'm a first-time investor looking to invest in a buy-and-hold SFH that has stable cash-flow in an A to B- neighborhood (any appreciation would be a plus, of course!). I'm looking for properties in the 6...
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Hi All,I had a bad experience with my first PM company, where they were unable to rent a property at a price I had been previously renting it at for over 3 months. When I attempted to get rid of them, I realized that...
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Hi,My name is Maicoll Gomez. I just graduated college a year early with two degrees so I can help my family. We live paycheck to paycheck and we have saved up some money (50k) so we can put a down payment on a house h...
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Hey all,I'm looking to house hack a single-family house/condo in the Austin, TX area however I learned that the city just approved a new homeless shelter to be built very close to where I was looking to buy. Does anyo...
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Analyzing some deals on ways to increase cash flow on multi-family properties...One of such deals is a 5-plex, with one water meter. Current landlord pays about $60/unit/month on water, sewer and garbage. That's $300/...
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Hello, I am new to BP and have been listening to podcasts, going through forums and posts. What a great site to connect us REI's and tons of useful information that already has been put in motion. I have started worki...
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There is a bill proposed by Chris Ward district 78 called the California Housing Speculation Act that proposes charging a 25% additional tax (an income surtax) on the profit (above the regular tax collected on the pro...
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I've been trying to sell a house for a few months, and haven't had any luck yet. I'm offering owner financing, but nobody has any money for a downpayment. Last night, a prospective tenant/buyer offered me an entici...