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Hi there! I applied for a DSCR loan and the terms include vague language indicating they may be a penalty if paying the loan early. Is this common for these types of loans? Is there a typical minimum period where the ...
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I am renting out a studio apartment, the majority of applicants don’t have credit at all. Would any of you landlords out there rent to people who don’t have credit at all? What else can I take into considerations besi...
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I’ve been doing a lot of reading, following forum discussions here, attending MeetUps and trying to network. I live in Los Angeles but just can’t convince myself that I can 1) afford a decent duplex / triplex in a dec...
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So imagine I have a generic property in a vacuum that I could finance in one of three ways (approximately):30 yr loan => +$1000 cash flow per year20 yr loan => Basically break even on cash flow15 yr loan => n...
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Just throwing this out there to hear peoples opinions. I don’t know the answer myself, that’s for sure. Everyone is always talking about housing inventory being low. 18 months ago my husband and I drove across country...
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Hi BP-My wife and I have been looking to upgrade houses for about a year now, and finally closed on our new home just yesterday. We both have really enjoyed the search and have been considering making the leap into re...
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I need help. We are getting ready to list a long-term rental home out of state and do a 1031 exchange for a STR property (maybe two) closer to where we live in SoCal. Given the income potential, we think STRs are the ...
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Hello BP!I have a meeting tomorrow with a close friend of mine, who has deep pockets, and I'd like to run the idea by him of investing together. I'd love to do some rental deals with him, but I'm unsure of how to stru...