I am a real estate broker in Key West, Florida working with a single mom and first time homebuyer. She is self employed and we are looking for a low downpayment option for her to get into a home with a purchase price...
Hi, I'm looking for an advise on home equity line of credit in Washington/Oregon States. I would like to open it in a bank that would have LTV: 90% or higher. Are there any banks that would give me more than 45% of my...
Hello BP family!I am thinking about getting into Commercial Real Estate in Texas. This is completely new for me. I am looking at an office/medical space that according to the agent could rent from $20.00/SF gross to $...
Is there anyone familiar with the Masshousing loans? If so:
1. Are the income limits based on gross or net?
2. Is income W2 verified or Pay slip verified?
3. What are the loan limits for Boston, Waltham, Salem? Ju...
I have been buying beach multifamily properties, doing small renovations, and operating them as Short Term Rentals. We’re crushing it, and are continuing to scale. I’m using arbitrage to continue to build a portfoli...
Hi all - I'm looking to purchase my first investment property using a conventional loan. My current DTI is <40% and I have excellent credit so I don't foresee any issues qualifying (someone please tell me if I'm wr...
I have bought some pretty nasty places as part of my BRRRR strategy but I just closed on a duplex that has possibly the worst roach infestation I have came across. The thing that blows my mind a family with 4 children...
Hello, As I gearing up to move into the Apartment Space I look at a lot of deals. Recently I was given a deal with no sales price. I was given T12's/ Rent Rolls, Tax bills etc. Where do I begin to look at this. Op...
I am a courier that drives A LOT. my gross annual income is around $75,000 but due to mileage my net income on my taxes is around 15,000-20,000 with my actual income after all expenses realistically being around $40,...
I know BP hates guru's :-) However, I did some bootcamps this year. I know what money I spent wisely and which I wasted. Please save your breath on that.
My question is, am I able to write the cost off? (Th...