Hey all, I’m looking to purchase a rental property in Cleveland, but I’m getting mixed messages about whether or not I would qualify for a mortgage because I’m Canadian. One broker told me I need a residency visa (but...
I am looking to the BP community for some advice on my first post, popping my cherry finally. I am looking to take out a HELOC on my primary residence for my first BRRRR. I do have reserves, but it is mostly for emerg...
In the process to refinancing as in “VA IRRRL” to take advantage of lower rate in addition to removing the owners primary residence stipulation. Can I now apply for FHA loan within the same locality and if so How long...
Hi All, My girlfriend's father has a multi unit property in a nearby city that he has been looking to dump for quite some time. Market value is around 160k. There is a mortgage of about 100k on the property. He gave m...
Investment Info:
Single-family residence buy & hold investment in Las Vegas.
Purchase price: $328,500
Cash invested: $16,500
Bought as my first primary residence during COVID. Now it's a long ter...
Smart people - if I own 24 buildable lots appraised ~$1.6-1.8 million in total (assessed by town at $1.4M), what do you think is the best way to build out the homes (notionally $300-400K builds/$450-550K sells) and ma...
Hello BP experts. We are negotiating an offer for a property (a duplex) and will be using a nonrecourse loan for the financing. Does anyone know what the IRS requirements or guidelines are for required reserves when...
I, along with my dad and brother are new to renovating properties. We are in the planning stages to align everything to begin renovating our first condo or single-family residence.We have found a company to partner wi...
Hi my name is Michelle Laws, currently residing in Tucson, AZ. There is a possibility I may relocate outside of Tucson for a job in the near future so I am interested in renting out my house, which I am still paying...
Good morning, I've been a member of BP since May 2023 but I just upgraded to a pro membership today. I have a few single family and dupIex buildings. This will be my first commercial property if my bid is accepted. I ...