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Hey BP,So I've been talking to various lenders about getting pre-approved for my deals and several of them have come back to me about buying the house as a first time home buyer, with the intention to live in the prop...
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Im looking to purchase my first unit and would like to house hack. The unit im considering does not meet the 50% rule standard while I occupyit but would meet it when both units are renting. Is this a bad investment?
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Hello. Hubby and I live in Cali, have few SFH rentals I want to 1031 (or maybe keep). WE want to transition to MF (maybe start with 4 plex or small commercial multi family, like 5 and up). We are accredited investors...
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Hi, would people recommend to apply with two mortgage lenders at the same time? I searched online for this topic and found the opinions split 50-50. On the pros side, I can compare rates and costs until the moment I n...
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I've been on a quest to find some ways to apply the BRRRR method the fastest way.
The hardest part I'm finding right now is financing, as pulling my money back out. What I find is a seasoning period of six months.
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Please forgive if this has been asked before. I'm just starting out and have done a couple of house flips. In the process of purchasing a fannie mae/freddie mac foreclosure. If I'm purchasing the house with all cas...
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I maybe renting a SRF to three friends. I will make each of them sign the lease but was wondering if you would expect each to meet three times the total rent or only three times their share?
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BP offers a calculator to help determine whether a property is a "good" buy. In situations wherein you don't have access to the calculator, can you apply the 1% rental rule for SFH to MFP? What's the fastest way to ...
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Hi everyone,I had a tenant tell me yesterday that she would not be able to pay her rent because she got sick and is now on disability. She said she contacted ERAP to try and get assistance. She also paid late last mon...
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While reading an article on The Motley Fool last weekend about Warren Buffett’s sage advice on investing in the stock market got me thinking. Like most investors, I’m always comparing “the market” to real estate inves...