Hello BP Community - My name is Andrew Bourgeois. My wife and I currently live in Beaumont, Texas. We are "wet behind the ears" in REI (ole' phrase for really fresh in something). I work full-time as a CPA and my wife...
I own a mixed use building in a downtown area of a midwestern city. Currently I am a commercial tenant of the space and plan to stay for the next 15-20 years. There are three other commercial tenants in the space in...
Yes and No. It depends.100% funding only is possible in a few different situations. For instance, If you are a Doctor and you are leasing a location and now want to now buy instead of lease. Normally you would ne...
Hello, I found a home that can be purchased for $100K and needs $140K in rehab. ARV $315K. I was thinking about using a 203K loan, but was uncertain about the underwriting guidelines for the 203K.- Do I qualify for 2...
I’m a new investor in Nashville, TN. I’m in the process of buying a SFH but just found out the property management company the seller is using found new tenants moving in at the end of the month. I plan on using the B...
Hi guys, I’ve been researching partnerships options for non accredited investors and feel a little bit confused. Maybe some could help. Can I legally invest in a larger properties with multiple investors who are not a...
Ok weird question everyone, but I made the mistake of purchasing the last house into my LLC. So now I'm only qualifying for commercial type lending when I still can get more Fannie Mae loans (lesson learned)
Transfe...
I'm buying a 1 family rental with an FHA loan, should I have my own home inspection or is FHA inspection sufficient? I'd really appreciate advice from anyone familiar with FHA's inspection process or home inspections ...
Hey! Are there best practices when buying a property with existing tenants to make sure the owner & tenant get started off on the right foot? I'm curious about your past experiences meeting with pre-existing tenan...
Hey y'all, trying to gauge how appraisals are coming in these days, compared to closing prices. In a red-hot market like Huntsville/Madison, I imagine appraised prices typically come in lower than actual closing pric...