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Results (10000)
Joe P. Will I qualify for a mortgage?
23 May 2018 | 1 reply

I have to wait until 2019 when I have 2 years of self employment income to qualify for a mortgage.  Not sure how my business is going to go this year but assuming I have $2k month self employment income, no debt, $50k...

Tyler Speelman Real Estate Crisis Due to Mortgage Forebearance?
17 October 2020 | 1 reply

“REAL ESTATE CRISIS. 6 million homeowners in FORBEARANCE. Sad. Before they can receive stimulus money they need to qualify for new loan. If they lost job or lost credit they may lose home. Opportunity for investors. ...

Melanie Smith Refi, HELOC, and mortgage on income property?
25 October 2020 | 0 replies

We’re preparing for our first income property. A quadplex about $220K.
We have $50k in the bank but to keep it for reserves, we were thinking about doing a HELOC,  and using the HELOC funds as a down payment on the q...

Kevin S. Minimum FICO score for new tenants
6 January 2019 | 25 replies

So I recently had my only tenant give notice, and am about to start the search for a new one. Just wanted to poll BP for what minimum FICO scores you require for applicants, I know this can be area specific, the prope...

Kera Takacs First Time Landlord Looking for Advice
22 November 2022 | 14 replies

I am in the market to rent out my first property as an LTR. Should I take the time to meet with a lawyer/real estate agent to prepare my rental property? Is it acceptable to use a general lease agreement found on the ...

Andy R. Applying for mortgage - What paper work should I prepare and how?
12 May 2016 | 4 replies

Hi everyone,I've been watching the market and saving for a down payment for a couple years now and I'm getting to point where I might be ready to start making offers on my first duplex or triplex in Southern-Ontario.W...

Michael Thomas Business account or Personal account
22 May 2021 | 18 replies

I’ve always had this concern do u need a business account bank account  or you can use your personal account bank to do real estate investing. Do u need a create a different account if u put a property under an entity?

J. A. Marin What would you do (and why)?
15 April 2019 | 3 replies

I have a duplex, my only property thus far. It is under my name and I am managing it. I would like to expand and I know at some point I will have to set up an LLC. I am facing a huge expense on my property so I was wo...

Chanise P. Pre-Approval letter expiration
31 May 2018 | 3 replies

Hi All,So my fiancee and i have been shopping around for multi's and haven't found anything yet. We ended up switching realtors but are now running into an expired approval letter issue. I have a few questions:1. Is t...

Charyl J. Question about DSCR Loans
11 March 2022 | 5 replies

Hello friends,
I'm currently in the researching and getting my finances together phase for property #3. I want this property to be a small multifamily (2-3 units). One day on Facebook I saw someone mention a property...