Neil Patel
Raising funds for a Investment Property Downpayment
I am currently 22 and I have a triplex in Elizabeth NJ that I purchased with an FHA loan. Im looking to acquire a another 3 family in Elizabeth but am encountering problems using private money to fund the down payment...
Dillon Hutsell
Ways to Invest at 17
Currently underage and wanting to get started investing. I'll be 18 in 4 months. Is it possible to get started on buying stocks if so is anytime a good time to buy in. I dont have a lot to work with right now currentl...
Ryan L Grinstead
Standards for your tenants. What are your minimums?
What are the minimum standards you set for tenants applying for your rental properties? Obviously following fare housing laws. For my area it is a lower income area. Not the best part of town.
Patrick Reynolds
HELP! Refinancing an out of state multifamily from Washington DC
Hello BP Community! I have relocated from Worcester MA to Washington DC and am finding I made a huge mistake in the process, and cant seem to find a solution. I had house hacked a triplex in MA in 2016 as my primary r...
Shaune Faust
Newbie need direction with financial plan
I have $20k and I want to invest. I currently own and live in a multi family with some equity purchased in 2014. I would like to start with properties under 100k I work full time have a husband two sons ages 6 and 3 m...
Ashley Anderson
Second Mortgage versus HELOC
Good Morning! I see a lot of conversation about HELOCs and HELs - but not a whole lot about a second mortgage as a option to get started. About me: owner of a primary residence, looking to get a multifamily (preferred...
Jeanette Land
Have 1 duplex and living in SF home. What to do next?
In the future, I’d like to turn my SF into a rental. I want to eventually find my forever home and create a bigger real estate profile. I don’t have a lot of money and don’t plan on living in another rental. What shou...
Max Zimmerman
FHA Loan after two investment loans?
Hi everyone, I am wondering if it is possible to be approved for an FHA (or other low down payment owner occupied loan) after buying two investment properties with two investment loans.
Daniel Kramer
Finished BRRRR (#2)
Investment Info:
Single-family residence buy & hold investment in Perrysburg.
Purchase price: $81,000
SFR in Perrysburg, OH
-Purchased: 81k
-Renovated: 55k
-Appraised: 180k
-Cashed-Out: 135k (75% LTV...
Stephen Brown
What are your general guidelines for expenses?
Hello all,I know that expenses vary on several factors and are different for every property. For example, you got to call an insurance agency to get a quote, rehab and maintenance will be different based on age, size,...