Frederick Karnoski
New guy over here, need help!
Hi everyone thank you for taking the time to help me. Here’s my situation.. I live in California and purchased my first property on a 4 bedroom house brand new home build, we are the first tenants. -Purchase price- 41...
Jason Malabute
finding a Key Principal process
I'm working on my first apartment deal. I might need a key principal if purchase price /loan amount is above a certain amount.I was told I should start looking for a key principal well before I find deal. Is this true...
Michelle Phoenix
Does maxing out cash-out refi hurt DTI for future rental?
Hi,
I'm new to this group and am also new to real estate investing. I own a home (primary residence) in Southern California with a lot of equity, and am thinking of doing a cash-out refinance to invest in my first re...
Tyler Labrador
What advice do you wish someone had told you at 21 years old?
Doesn't have to be real estate related! I just want to hear what life's big lessons have taught you, and how I can learn from it. Some of my background:I live in Las Vegas, NVI have a girlfriendI read a lot and I try ...
N/A N/A
people say I'm a workaholic
I don't know if it's a good thing or not, but I work 11 hours a day in my barber shop. I make $100,000 year doing so, so why would people put a label on me like "workaholic"? I have very little time for socializing, a...
Devin James
To those who consider themselves very wealthy, is wealth worth what is takes?
To those who consider themselves very wealthy, is wealth worth what is takes to acquire it?I don't want to become ultra wealthy because I don't want to do what it takes.I love spending time with my wife and being home...
Carrie Cavins
My first deal! How should I go forward?
I found a property listed at 60,000 (and worth close to that price) and spoke with the owners and found out they owe 20,000 and are selling it due to a death of a family member. They just want to move forward in life....
Bishwash Aryal
Investment strategy based on net worth and income
In deciding what strategy works for you in terms of real estate investment, I think your net worth and income has a significant impact. If you need additional income to supplement and have less net worth, cash flow pr...
Michael Bertsch
Reserves on conventional loan
I have multiple investment properties and living in a SFR. I am wanting to buy another house to owner occupy and turn my current house into a rental. What are the reserve requirements for a conventional loan with Fann...
Dylan Spain
What is the Best Advice?
Hey BP community,
What is one key piece of advice you'd give to someone that has helped you tremendously?
*Anything about rentals, managing, buying, etc.