Nagendran Manidas
Significant rehab with lot bifurcation
I found a property in Austin area with a good 7000 sqft lot and a single family house built in 1950's. Planning to buy it in cash and then build 2 site condos (each of 1200 sqft). Numbers I ran seem to work for this w...
Brad Crumpton
First foreclosure contract - worried lending in 6 months
Wife and I are recent entrants into REI. Bought our first property last year off MLS and turned it into a BRRRR project. Now looking for our 2nd. Got a contract on a USDA foreclosure on MLS, but it's really borderl...
Alex Moazeni
I'm already maxed out what do I do?
Hi.I've told from my lender that I already maxed out and won't be able to buy more property unless report more income for 2020.Question; is there any other way besides of reporting more income,to get approved for anot...
Marcus McGee
Property in a Flood Zone
Hey everyone, I need a little advice on a property I'm attempting to get under contract. The property is located in an AE Flood Zone. Apparently it has flooded a few times and the flood insurance is a little high beca...
Bryan Hartlen
Portfolio Loan questions
Hi all.. not sure if this is the right forum... but I couldn’t find one that seemed a better match. Anyway, we’re looking for some basic information on portfolio loans.We have a few low value SFR properties that we o...
Jamie O'Connell
Point out any flaws you see!
Hello!I have had many good (in my opinion) ideas but the strict regulations on financing have killed 99% of them. I figured I would lay out my plan here and have the more experienced and professionals maybe point out ...
Edward Burke
California Clawback - 1031 Exchange Out of State
I have property in California that I will be selling this year, and will be re-investing the funds outside the state of California via a 1031 exchange (Investing in St. Louis, Missouri). I understand that California ...
Krystin Aversa
Lender is Against FHA Loans
Hi BP Members! I am currently looking to purchase investment property, and have been pre-approved with the credit union of which I am also a member. The loan package has a very favorable interest rate as well as addit...
Chad Dunham
Looking to start passive income through BRRRR or Rental.
Hello everyone, my name is Chad Dunham and I live in Eureka, MO.
Background intro: I am new to investing, although been interested since 2004. Unfortunately, life's obstacles have gotten in the way, until now. I am 4...
Tyler Shaulis
Newbies Flipping Our First Home
Hi Tyler here, I am new member and looking to get my foot in the door. Quick info on me, I am a 25 yr old. veteran with a stable decent paying job. I am in south east Texas specifically Pearland area. My current road ...