Hi BP community! Just looking to get a little help on flooded houses in Baton Rouge and surrounding areas. I've been presented with 2 really good opportunities on flooded homes that took on 7' of water but I think I...
As both an investor and a broker, I’ve worked with a variety of lenders, and while many are solid, some have issues—whether it’s delayed closings, surprise fees, or poor communication.
I’m curious to hear from the co...
Hello all, shortly before their vacate date my tenant re-keyed locks and refused to respond to messages to schedule move out and handing over of keys and was unavailable at the property on the last day of lease. They ...
Is it smart to use an FHA loan to purchase a multi family investment property as a first time buyer? Or should I pay cash for a single apartment. I thought it’d be a good idea to use fha loan since I’ve never purchase...
I've decided if I buy a 3-4 family that I really don't want to live in it. Mostly I don't want to find one my girlfriend will be happy living in, getting something nice enough to make the both of us happy means we'll...
Background:
I live in the greater Seattle area
-Iv house hacked a single family home (2 story / 3 bed / 2 bed) -10% down, purchase price $583,000, took a loan out on my stock portfolio to pay for the remodel (4% in...
It is my first investment property purchase contract for a duplex. I am looking for my options for financing for better cash flow per month.
The property is worth 110k and am putting down 20%.
I have 750+ credit scor...
I put a bid in on two multi-units and got neither. I think I was probably out bid. Can anyone give me some advice on how I can get my offers accepted? One offer I made was below the asking price. The other was at ask...
Hello, I just sold my first investment property that was a LTR in SC. I am rolling over the profits of approx $130k into a 1031 exchange and would like some input as to best way to start investing and scaling my portf...
After a lot of work and investment, I'm realizing that one key piece of information I didn't know is going to kill my deal: What kind of financial history I need to get a loan.I was W-2 employed in 2019. Self-employed...