My monthly income from an annuity is $1600, which ends in January. Then I will have 0 income. I need to purchase a rental ASAP. According to my DTI I only qualify for $75k from my local credit union. I have a LOC from...

I found a home with purchasing through a wholesaler. They want cash close.  However, I don't have all of the cash to purchase ($500k).  Can I get a hard money loan then convert to traditional. I know most hard money w...

Hey all, happy Friday! I was approved for a non term HELOC loan for 100k at 7.5% variable rate. Looking to start my first short term rental in the Saint Augustine/butler beach/crescent beach area. For those of you who...

Hi BP family,A family member purchased a house to use as his primary in Cleveland and now is unable to move there. He purchased it in September and has done some repairs since, but he's looking to sell it. I want to p...

I have a line of credit and would like to know if it is smart to use this line of credit for a down payment on my first investment property?

I just had my first ever offer accepted and only have a vague idea what to do. I'm buying from overseas so my agents doing most of the legwork. My initial thoughts are to get an inspector to the home asap, pay earnest...

I’m looking for some advice on financing a small multifamily property to live in one unit and rent out the others.  My situation: I’m a union carpenter so conventional banks say that since I’m in a union they like to ...

I have $125k from an inheritance and am looking to buy my first investment property ASAP. My local market is steadily growing with tech and aerospace industries and has always been a big tourist destination. Being on ...

I recently purchased a two unit property REO in Baltimore. It needs work, regardless. However, I am really on the fence about whether to flip it or repair for buy and hold. Here are some of the details:- Two Unit in G...