Fellow BP’ers,As a newb and taking the advice of all of the posts, blogs and podcast recommendations out there of not spending money on guru’s/training etc. and the mind set of just get out there and get some OJT I to...

Greetings, Have a potential to purchase a 6 unit (2 house, same lot, 4 unit and 2 unit) The details are as follows.Year built: 1900 +/-2 houses: 1- 4unit and 1- 2unit on same lotList Price 224,995 (assuming a 190,000 ...

I’m in the middle of completing construction documents and wanted some input regarding capital planning before reaching out to lenders again. Preliminary history: Land originally bought vacant and with no entitlements...

Hey all, I've got a SFH in Inglewood CA that I bought in 2019 because it had a massive old garage structure that could be converted to an ADU.  I'm in the middle of that conversion now.  I bought the property for $655...

As a wholesaler, a seller approached me with a 48 unit apartment complex, 7 duplexes and a 2500 sqft Single family that he wants to sell (all of which occupy the same block.) Half of which are vacant and the other hal...

Hey guys, I've got a question about income requirements to get approved for a FHA loan. I'm planning on purchasing a $250,000 house with a 30-year-fixed FHA loan with 3.5% - 4% down.  My goal is to have a monthly mort...

I've heard of this strategy where, instead of holding and renting a property for the length of the 30 year mortgage, you only keep it for a few years and then "trade up" to 2 properties or a better property. And you b...

looking into getting a dscr loan 80% ltv.$120k down paymentDebt service PITI will be $4600/mo Gross rents $11000/moratio of 2.39My credit is 750 Unless im missing something, i should  be able to get a DSCR mortgage on...

Ok I am looking at a 17-unit complex in Texas.  Total Cashflow $7870 per month 100% occupiedMonthly expenses including - loan, taxes, insurance, management fee, utilities, - $5200Net return per month - $2670This would...

Hi all, I'm looking at a duplex a very good client has offered me. I own another multi unit on this street as well. It's in a B class neighborhood with major pharma growth. It's completely renovated top to bottom and ...