I am thinking about buying single family homes in a C class area. I have found $20-30k homes, that I would pay cash for. These areas generally rent $500-800/month. I would be cash flowing 2% or greater. They aren'...
Have been trying to do a refi with BNC - a lender from Zillow...While I thought things are going smooth, lender came and requested my ex's settlement statement...So he has a rental property where we took out the mortg...
HI All,I have an issued. There is a house that has been 290 days on the market. This is a multi family 4 beds 2 bath and a a garage, lot size 1742 sqft and it is owned by a bank. The price is 205K. my exit estrategy ...
I saw Rod Khleif - Life Time Cash Flow Podcast is now offering Multifamily coachingOne on One $14,900 one time and $1900 a month. Small Group $4,995 one time and $295 per monthonline course $2000 or $3000 depending o...
Fannie Mae is increasing the DTI to 50% starting July 29th. America's largest mortgage lender is making it easier to buy their first home.
In the last housing bubble, just about anyone with a pulse was approved for ...
Just wondering if there could be any issues with unknowingly renting to illegal immigrants. As a landlord, are we responsible for inquiring as to their citizenship? Could we get into trouble legally if we don’t?
Hello BP Members,I hope everyone is staying safe, healthy and sane in these crazy times. I am currently under contract on a vacation rental in the Smoky Mountains (approx. 10 min from Pigeon Forge), with a closing da...
I don't understand people who are long term tenants, and the logic behinds it bothers me. They are paying monthly rent to other people, which doesn't make sense to me. If they have money to pay rent each month for lon...
Last week we hit our investment goal of $35k a month gross rental income. We bought our first investment property in August 2011 and the vast majority of our growth has happened in the past 10 months. We (my husband...
I closed escrow on the sale of my very first flip back in January. Craziness of life got in the way and I never got around to posting about it here. However, I figured it was time. I SERIOUSLY credit BP for some of th...