Hi! I've talked to 2 CPA's and have received completely different information, so I'm hoping someone here can clarify!I have purchase a SFH (with hard money) that I intend to live in and share with renters (house hack...
Hi everyone,
I have a question which I would appreciate some input on. I've been studying real estate for awhile now and am getting close to being ready for my first deal. (House-hack)
The main reason I'm getting in...
On your first deal that you need traditional leverage, did you all have to personally guarantee the loan? It seems like most every bank I talk to wants me to personally guarantee the loan, since the LLC is new with no...
Hello, my name is Francisco. When I was young out of necessity I co-sign a mortgage with my step dad. Since last year he’s been deported and has been force to stay out for at least 10 years. I also have a 50,000 schoo...
Hey BP,I'm looking for input regarding co-signing/investing with my sister-in-law who doesn't qualify for a loan due to being in law school and working part time. Since she would be homesteading the property, we would...
My fiancé and I want to buy our first house but she is on a leave and I’m unemployed due to Covid, we have a sizable savings account but no income at the moment. We need help getting approved for a fha loan or any loa...
The issue I ran into is with closings costs and reserves my balances falls about $2,000 short of what the lender wants. The lender said I could not receive any gifts from my wife. My wife is using FTHB discounts in Ma...
Hello all - I have enjoyed the wealth of knowledge associated with this website. I'm in an interesting situation and in need of a creative solution. My father owns a rental unit and a residential property. The rental ...
Are bandit signs a good idea in Denver Colorado are surrounding areas ?
Hi guys. Got a question for all you Massachusetts loan officers out there. I am currently house hacking in Salem MA with an MHFA loan. Me and a friend of mine are thinking about going in on a multi-family property in ...