Jose Leanos
Financing after cash out refinance Advice
Hello all,I recently did a cash out refinance on my single family home at LTV ratio of 75-25. I did this with an owner occupied loan.My intention with the cash that I have pulled out is to convert my garage into an AD...
Sam Simones
Banks Involvement in Promissory Notes?
Classic apology for asking something that I’m sure has been asked before, but I can’t find it so that’s okay. Say a friend is selling you their property. The appraised value is 1,354,000 and he agrees to sell it for 1...
Jimmy Lieu
Help getting a pre-approval with a 1099 job?
Hello BP community,I recently just road-tripped from Portland, Oregon to Columbus, Ohio to start building my real estate portfolio here. However, I've just come across a huge hurdle. I received my job letter and it's ...
Rochelle G.
Advice on what to do next?
I own a 2 bd 2 bath condo that will rent out for $1300/month. I currently live in the home, but have a management company on standby with everything already priced out waiting to pull the trigger to rent out once I mo...
Michael P.
Invest long distance in Euclid Ohio?
I hear a lot of "it used to be nicer, but now i'm scared to get out of my car in Euclid". Are you comfortable with the tenant base? Are evictions common and if so how lengthy?
Taliah Brown
FHA GUIDELINES
Hi all!I'm new to BP and have throughly enjoyed reading the various forums. I've learned a lot so far and I am excited to learn even more! I do have a question concerning the FHA guideline changes that will be occurri...
Kyle Inbody
Getting A loan approved for House Hacking
Hello Everybody,Let me start with I know I need to seek professional advice and I know any comments made here are just the opinion of others, but in this community I value the input of others greatly. So myself and my...
Horacio Gutierrez
Rental income for primary home loan
Hello,
Say I bought a duplex with an fha loan and later on, I want to move out and use the rental income which is 75% of the duplex rent in applying for another home loan. Is 1 year of landlord experience when leavin...
Jordan Burnett
Capital Reserves for Capital Calls in a Multifamily Syndication
Hey guys,For those of you who have invested in multifamily syndication or apartments for many years, how much do you keep in reserve for unexpected capital calls in case they occur during an economic downturn or while...
Skyler Mckinney
Looking to get into large commercial investing any advice?
Im am looking to have 200 units by the end of next year and would just like to have a conversation with someone who has experience in this field I'm not looking to 20 question or waste any of your day. I just want to ...