Adam Wright
Refinancing a Performing Duplex with no W2 Salary (Laid Off Work)
Hello! I've talked to several banks, and they won't cash out refinance a duplex I had bought in my name and have owned for 5 years because I don't have a W2 job due to being fired. The property cash flows and was appr...
Dee Flournoy
THANK GOD the Plan Was Set and the Foundation Was Laid!
Investment Info:
Single-family residence fix & flip investment in Chicago.
Purchase price: $76,000
Cash invested: $29,000
Sale price: $228,000
My first flip that by the GRACE of GOD! Attenti...
Russell Holmes
I've been on BP 1 year on 3/17, what a ride!
March 17th will be my one year anniversary of joining BP! I went pro a few months back as well. I've read countless books, listened to almost all of the normal BP and BP Money podcasts, and have devoured more forum p...
Bonnie Petrenko
CV-19 Renters laid off - How should we handle this as owners?
Many of my rentals are occupied with lower income individuals. Some of the renters are asking to make lower payments or refusing to pay their rents at all. But here is a thought….
Let’s suppose we have 2 renters liv...
Jim Coleman
Laid off and rehired by same company - can I get a loan?
I was laid off at the end of January and rehired in July (worked for this company 10yrs before being let go) . I still make about the same about - 80k a year. I have 6k in my savings and about 50k in an IRA I wanted t...
Oscar Freiman
I've been laid off and have not been able to get financing
Dear all,As per the subject, I live in Houston, TX., would like to start investing in RE (SF, MF, etc.), but I am having difficulty getting financing because of my of my current employment situation. I have cash avail...
Zain B.
Contractor taking me for a ride. Need help from exp Investor ASAP
I need some advice dealing with a contractor. I have started renovation on my Maryland property and I hired a contractor. We mutually agreed for him to charge $11,500 for his labor. I would provide all materials a...
Bari S.
I just got laid off in the midst of my first investment transaction.
Hi there. This is my first post on this site and I would appreciate any insight people have to offe. I am in the middle of finalizing a purchase agreement for a 4-unit investment property $185K. I already qualified fo...
Terry Moran
Laid off, I want to buy a pre-foreclosure for a BRRRR. How?
Found a house in pre-foreclosure. Wife just says she wants a divorce. What is my strategy to buy this house with only 10k liquid?
Christian B.
I got laid off due to Covid19, will this affect getting FHA loan?
Hi, I am a newbie who planned to get started in real estate this year; I wanted to start with an FHA loan so I can house hack. This summer I would have been employed for 2 consecutive years. As I understand it you n...