hello BP, question about doing my taxes this year.. I bought a duplex and took out a 20,000 loan to fix it up.. I would like to buy another property this year and need every penny of income to help show the bank to qu...
I have been recently asked about where I think the Class A, B, and C properties in Las Vegas are located. So I put the following response together. The short answer is that the type of property class is defined more b...
I have this ten 2/1 apartments under contract. My banker said originally that they would finance it as they did another one for me 7 months ago. I did not go to other banks because we have a good relationship with thi...
Is there a difference between the type of documentation you need to provide to a lender when applying for a loan for a single family investment property as compared to a multifamily investment property? Any informatio...
Investment Info:Single-family residence buy & hold investment in Oklahoma.
Purchase price: $33,000 Cash invested: $10,000I bought this house at auction, with no inspection, other than a drive by & look...
An attendee of one of our Real Estate Investment Hour Meetups meets with me some time after for lunch and agrees to work with me. During our meeting, we touched upon his having attended a guru workshop (you'd know it ...
Hello Everyone! Thanks in advance for the read and/or advice. I have been trying to figure out the questions below both on my own through research and also by contacting some advising firms but haven't came to a concl...
I always know that getting insurance on a property was a pain. Now:
-- the statewide rates went up 23% in one year.
-- the last duplex I got, they would only insure it for sales price ($46K), not replacement value
-...
Last night we were notified that Fannie Mae is making some changes to their Rental property and Second home purchases. This morning we are getting more clarity. There is not going to a standard LLPA (price hit) in a...
Hello everyone I’m currently looking at properties to rent in Phoenix/Scottsdale area. Looking to use a DSCR loan and I’m curious of what rates are currently available?