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Hi BP,Wanted to share a success story of a BP member who just closed on his first "investment property" in Washington DC. He used 5% down conventional primary residence financing, is going to house hack the unit for ...
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A lot of the narrative around the eviction moratorium centers on the tenets. It is not surprising that the mass media would concentrate on the side of the story that more people could relate to, there are many more ...
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I'm under contract for a 4-plex house hack. I've read tons on this strategy but not to much on the bad parts. I'm going through with it no matter what but I was wondering what are somethings that have happen to you gu...
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Landlords, do you rent to people with recent bankruptcies? Normally, I would not consider it. But, thinking about it, they have serious issues in managing finances, but I think they can not refile for a while, so in...
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I have a applicant who makes good money, owned home for past 15 years with existing mortgage. Supposedly in process of selling home, but its not listed and when I ask for documentation to show its for sale or under co...
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I have a deal under contract and quickly pulled the trigger with a hard money lender to get it fast. Now I am a little concerned with some things written pertaining to the hard money loan. Here is the list given to me...
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Hello! I am a novice investor living in the Austin area. My goal is to purchase my first rental property this year, although likely not in Austin. I've done the bulk of my real estate research with a friend, who has a...
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We write on the topic of loan scams often and we always get a lot of responses from victims of these scams. People often ask, “Who do I report this to?” and unfortunately there is no straightforward or clear answer...
Hello Everyone at BP and thanks for reading my post! I'm not even sure where to start, since I've had so much go on since I've started all of this, and its going to be a long one, so bear with me. This is my success...
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My first rental I put under an LLC with a partner, my second was conventional with my wife, the next one i'm working on with my LLC partner should be moving forward soon. I originally had anticipated putting the loan...