Danny Moreno
Houston, TX - Owner Financing - Subject To
I am looking to acquire my first property as a homestead for the short-term (2-3 years), then move out and turn it into a long-term rental. I was laid off last year due to COVID-19 and decided to turn to self-employme...
Greg Henderson
Can I get a FHA or any QM on 2 duplexes on the same parcel?
A local lender said it is commercial because it's two dwellings even though it is on the same tax parcel. The addresses are labeled A, B, C, D. I've searched and not found a definite answer. Has anyone dealt with this...
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Understanding Financing Is The Key To REI Success
Many investors fail to understand how to structure a deal financially. Keep in mind that any lender needs to minimize their risk in the deal. Whether it is a traditional loan or hard money, the lender has to have a re...
Taron Wright
House Hacked a Single Family
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $199,000
Cash invested: $15,000
Sale price: $360,000
Bought as a house hack and rented out 3 of the bedrooms. S...
Jack Presen
Mortgage Question
I have a cilent who's credit score is 500, owns a successful business. He have a nice sum to put down on a house in the $700,000-$800,000 range, wants to use a family relative for the mortgage; because the family rela...
Natalie Siedschlag
Conventional Financing for a BRRRR?
Other than having to pay closing costs twice and also not being able to potentially buy a property for a greater discount up front, why would using a conventional loan be a bad idea for a BRRRR, as compared to hard mo...
Monte Rice
Newbie with duplex looking to scale
Hi BP family, i am a newbie in RE and have acquired a Duplex using FHA. I am now looking to scale and get more rentals (preferably multi family) but I am open to SFR for use on Airbnb. What is the best way to scale? I...
Brad Kanouse
IRA funds as down payment
Hello. Is there a way to utilize part of my Traditional IRA funds as a down payment on a SFH investment property without being penalized?
Steven L.
Beginner help: Owner-occupied convert to Rental
Howdy BP Community,I am fairly new to BP, so sorry if this is a basic question.I recently listened to BP podcast episode 336 interview with @Robert Jones, and fell in love with his BRRRR-like strategy of taking an own...
Clint Morris
Conventional Financing for 3rd Property?
I'm relatively new to RE, but have recently made up my mind that it's going to be one of the main components to my long term wealth building strategy. I've been practicing by analyzing potential deals in my area and f...