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Hey everyone,I’m 22 years old, live in Canada, interested in real estate, and wondering if you have any advice or tips to starting out. I’m looking into rental arbitrage deals or another way where I can invest in real...
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I was recently informed that there are portfolio lenders that don't do a credit check, don't require an appraisal (possibly BPO), or tax returns, etc and are truly asset based. Is this possible for a cash out refinanc...
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Does anyone have experience or had success with getting a 30 yr fixed rate mortgage on multi family in the 750k-3m range ? Fha, Fannie or Freddie ? How difficult is this to pull off ?It appears most people use comme...
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Does your 5 day grace period start on the first, and fee applied on the 6th, or start on the 2nd, and late fee applied on 7th? seems like it would be the latter, but I have been applying it on the 6th, not sure.
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Current properties:
Investment (Value: 550K, Mortgage: 225K, Int Rate 4.5%, (-$200 Cashflow))
Primary (Value: 600K, Mortgage: 285K, Int Rate 3.5% ($0 Cashflow, and I live in it for free)
Goals: Increase net worth, ...
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Hello I have tenants who gave me a 30-day notice and is about to move out in the next 2 days. I know I need to do a final inspection and tell them to return the keys and I return the security deposit. Do I need to tel...
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Hello fellow BP members. I would like to begin investing in rental properties in 2019. One way that I would like to start is to fully withdraw from my 401K.
I have Fidelity and it is a custodian 401K. I want to, firs...
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I am learning a lot on my 1st Investment property!I initially purchased it as a 2/1 single family needed a complete gut job, using a HELOC from my primary residence with the enough left over to do a budget conscious r...
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I recently did the application for the refinance with a company, they did the appraisal, only for them to come back and say my debt-to-income ratio is too high because he forgot to ask about my monthly rent.
Does a...
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Hi BP,
I have been researching wholesaling and it seems like a good start for someone without capital. In my research, a big component of wholesaling seems to be knowing your market. I recently moved out of the sta...