Kevin Izquierdo
Money Reserve Alternatives
Good Morning BP community, I was wondering if anybody has used any alternatives to money reserves. Can an investor use hard money lenders or private lenders to pay for a few vacant months on a MF rental property or ma...
Daniel Hinojosa
Refinance a house hack 4plex for another house hack 4plex
Good afternoon everyone. Hopefully someone has done this before. 12 months ago I bought my first real estate investment. A 4plex with an FHA loan. I am currently living in one unit and renting the other 3 (house hacki...
David Stone
Deny applicants because ONE doesn't fit minimum qualifications?
Hi, I have a couple who applied for one of my units. I have not had the best gut feeling about them from the beginning. After running their applications (background check, credit, etc.) everything has come back satis...
Zoe Lee
tenant with massive loans
We are looking at an applicant with massive loans (130k student loan and it's a low paying major). The "estimated monthly payment" listed on the credit report is however less than 1k. Is this estimate accurate? Or I'm...
Fred Manson
Anyone underwriting Jumbo loans
Hi all,We bought our home in Phoenix last August (at what seemed to be a good rate). Of course, now the rates are better and we would save a bunch by refinancing, but we are in the Jumbo range (loan around 900k, value...
Corwin Hernandez
FHA 203K Loan
Hello, I am learning about real estate and I think my first step into the world of real estate and was thinking about getting a traditional FHA loan and then heard on the podcast about something called a 203k loan. I ...
Christian Estrella
Take advantage of FHA or not
Good Afternoon All,Before COVID, I was looking in the NJ (Elizabeth and Newark) market for a multi-family property. I wanted to take advantage of my FHA and house-hack as an owner occupant. My credit is at 650, due to...
Tony Serrano
I want do buy my first fix and flip but I have bad credit
My goal is to find a cash flowing multi unit property I can use an fha 203k loan on please help I’m in Southern California.
Iaroslav Demydovych
Newbie needs help picking the right tenant
Finally after a week of having my property on a market i have 2 application and i can't see to pick one. Also, this is my first rental ever so wish me luck. So here is the scoop: the rent amount is $1275. 2.5 time the...
Dan Moore
Tenant screening isn't showing the true picture, what to do?
I'm new to BP, and new to focused renting and REI. However I'm decades into both residential and commercial rentals. Up until recently, it has been a sideline or ancillary to my normal business. We have some residenti...