Steve Shiner
NACA vs FHA/MassHousing Loan for first Property
Hi BP Community, I'm trying to determine the best strategy for starting out as a real estate investor. My mortgage options are FHA, NACA or a MassHousing (Fannie Mae in MA) Loan. I want to leverage these loans in orde...
John Cervera
Flip comps and market viability
Hi!What is good way to determine if a market will support flips- how do I find info regarding retail homes for sale in my target area?How many are availableHow many have soldHow long did it take to selletc
William George spear
Renting to non citizens
We are 2 years into rentals and are considering renting to a spanish couple that have been here over 20 years, have fin numbers and are gainfully employed. The husband has applied for a green card. the wife has not. W...
Christopher Malone
Attention Chicago Landlords - Who pays the water bill?
Hello everyone,I own a SFR on the South Side of Chicago that is currently occupied to a Section 8 tenant. I am in the process of closing on my next SFR rental and while looking back at the performance of my previous r...
John D.
Seller requesting my commitment letter
The sellers agent is requesting that I give them my loan commitment letter even after contract has been signed. Any advice or opinions on this?
Thomas Garza
Best Drywall Texture for Rental
My wife and I are 60% done with a full remodel on our second rental property. Most of the Sheetrock has been hung, and the contractor is starting to prepare for tape, float, and texture. I am trying to determine if on...
Fred Derst
Renter with non working girlfriend
How do you evaluate a renters ability to pay if they have a non working girlfriend and child?I know 3 times rent is rule but do you increase this by the number of others in the home?Also what to do with people who cla...
Brandon Cronkhite
Debt to Income affects with Rentals
If I buy a rental property with a loan, create positive cash flow with a rental, does this reduce my ability to then get another loan for another property? I’m just getting started and trying to create a strategy beyo...
Jason Smith
SD IRA v 401k
I have been trying to determine the best route for me, but I am finding too much contradictory information. I am transferring my old 401k from a previous job I to a real estate investing portfolio. Whether it is SD ...
Dana Regan
Partnership approaches
I am starting a partnership for flipping. I am responsible to find the property and funding, my partner does the renovations (the contractor- including labor and expenses) and we share the profit. He wants a bonus o...