Ryan Weimer
Denied from Fannie/Freddie for "overall credit profile"?
Never good to get a surprise call that Fannie/Freddie is pulling the plug on you. Was wondering if anyone has heard of this kind of situation - Credit Score is 730+, Reserves are plenty, and DTI is well within range (...
Eron A.
Is it ok to choose your tenants?
For example...a landlord cant discriminate, but is there some legal issue with NOT advertising, but then going and choosing your tenants? For example...there are lots of people looking for places to stay, so if you we...
Derron Taqee
Was Kiyoski right when he said a business owner can pay themselves first and the gov taxes whatever is left?
So I just finished reading Robert Kiyosaki's Rich Dad Poor Dad and he stated something about how business owners pay taxes vs how 9 to 5ers pay taxes. He says 9 to 5ers pay the gov first in taxes and they get whate...
Brandon Teachout
I have a deal that I'm looking for hard money lender.
I have found a deal that I am trying to get funded by hard money/private money. I have an investment strategy and multiple exit strategies along with a lot of equity in my primary that I'm willing to use as collateral...
Tim V.
My first tenant to skip rent
Just venting here as I know you guys will understand My tenant has gone radio silent. No responses to calls, text, email. Last message from her was shes trying to get rental assistance due to missing work due to the T...
Kimberly Gomez
In Escrow- received Inspection Report
Hi BP Community,I am seeking some advise. Finally got in Escrow for a duplex in South LA, the property is old (built 1909). Got the inspection back and there are some concerns with a few things but most important seem...
Andrew Lackey
BRRRR - Refinance now or wait until rents raised to market rate??
It's a beautiful fall morning! The birds are singing, the sun is shining, the BRRRR of winter is not fully here yet ;) Or maybe it is?!?!haaaaa....ok enough funny business down to business of this post. Ok, I have a p...
Joshua Aycock
Article: Shelter is a Game...not just a living expense
You’re a player no matter what your situation is…you’re in the Real Estate game. It’s just a matter of what position you play. This is a philosophy I heard first on the BP Podcasts featuring Bryce Stewart. His episode...
Ryan F.
Question about DSCR loans and STR
If anyone has a strong understand of DSCR loans, I would greatly appreciate your input.- Say you're purchasing a house/condo with $3,500 PITI- Sellers have STR receipts going back 2 years, showing $40k per year in STR...
Kevin Boyd
Gym in STR- Is there any Value?
Does anyone offer a home gym in their STR? I am looking for ways to differentiate our rentals in a competitive market. If you offer one, do you think it is helpful in getting more interest? How many people use gym in ...