Kristoffer Dayrit
Higher loan amount: high salary w/ debt vs low salary no debt
Hello BP,My brother and I are planning on purchasing a multifamily with an FHA loan to house hack. My brother has a constant monthly salary (web developer), whereas my monthly salary is more random (restaurant server)...
Jack Lee
DCF Analysis. How to get discount rate????
Hey guys,
I have a question regarding DCF analysis. I have previous experience in finance but I am not sure what to do with discount rates on real estate investments. In finance, you can calculate the cost of equity ...
Rickey Wallace
Investors as RE agents
As I've been watching podcasts n reading topic posts, one thing that has crossed my mind: how come people aren't wanting to quit their jobs to become RE agents or brokers while becoming a full time investor? On paper,...
Edward Hernandez
New guy building a team/ referrals
Hi all! Glad to join BP. I listen to the podcast often and have studied up a bit. Now I'm looking to build up a team and fine tune my knowledge so I can get in the game and start acquiring property and building a po...
Dylan Lineberger
How do people use FHA loans to buy multiple properties??
I constantly hear people online (Social media) talking about getting an FHA loan and house hacking a 1-4 Unit property. They say to move out after one year, find a tenant for the unit you were in, and buy another prop...
Jimmy H.
Structuring Owner Financed Deals
I am in the market for long term buy and hold rental properties. I have the cash to acquire a couple of units but would rather use that cash as a down payment in an owner financing scenario. I do not believe that I am...
Armanti Edwards
Funding
Anyone know of a company that gives pre approvals for funding? I am NOT looking for any company that requires you to have a property under contract before going through their funding application. I have experienced pa...
Roosevelt Carter Jr
SMS Real estate Marketing
Hey all anyone know any good SMS Marketing sites or places to use. One that can send a message with the seller information included in the message (Seller Name, Property etc)
Brian V.
Fireplace dampers
Hi BPs,
My tenant said there is cold air coming in from the fireplace on and old property. Contractor found that the fireplace damper somehow was removed (bummer). He said it's too costly to reinstall this an...
Paul Garcia
Reserve Requirements Fannie Mae
Hi All,I have a question about reserve requirements on a Fannie Mae mortgage. I've been under the impression that after 4 financed properties, the requirement is 6 months of PITI(A). I'm looking at the Fannie Mae webs...