Well I'm moving back to the USA soon and would like to buy a fourplex for around 200k with a 20% down payment. However I have been living and working abroad for the past 5 years and have no proof of income in the USA...
Hi all,
I recently dropped out of graduate school to work as a broker's assistant due to my passion for real estate. I am young and helping my mom find an investment property (specifically in the Reno, NV and rural o...
Hi BP, I've been learning more and more and I feel like I'm ready to take on my first house hack of a 4 plex.I've done some napkin math and can't really see how I'd go wrong, even with an economic crash and having a...
After I get my first rental property closed I'm going to look into refinancing out of the FHA mortgage on my personal residence into conventional, and possibly pulling a little cash out (and keep it as a rental). The...
Hello BP,I'm sad to say an amazing deal might have fallen through my fingers. There was another buyer who put in an offer a week before mine and his offer was less money but also less time. I didn't know the sellers w...
Hi officially my first post :-). Anyone know how lenders determine the income allowed from an income producing property to determine d/i ratio ? What line on the tax returns is used, and the formula ? Also looking to...
Looking at a place and active comps put ARV about $135K-140K. Sold Comps put it at about $125-135K, but those weren't really updated. Place is a 3/1.5 built in the early 1900's. has updated funace, hot water heater, 1...
Hello BP peoples! First, I am a relatively new multi family investor. I have a duplex that’s on the market to rent and I keep getting asked if I accept Section 8 vouchers. This makes me realize that I don’t know enoug...
Hey BP world - just thought I’d post this as I have been laying awake stressing about the issue all morning. So in December after having my property for two months I had sewage backup in the downstairs tenants shower...
I am flipping my first house and the house really could use all new windows. Online I am seeing 70% ROI for doing that, which obviously doesn't sound profitable. However I have my doubts on the accuracy of that. To sa...