Aron Teran
Am I Missing Something?
I've started doing some research on how to best finance my first investment property (buy and hold). Met with a local bank, they offer 80% loan plus rehab costs in a 5/1 ARM at 4.5%. I will be looking for a home in th...
Daniel Porter
I wanna BRRRR into a househack, but my DTI cant handle the ARV :(
Theres a duplex in a very great part of town for $300k. it'll need everything pretty much, including installing HVAC. Structurally its solid though, and the roof seems fine. the ARV, going by ave $/sqft, would be clos...
Kyle N.
Lease option to sell my rental
Hey BP!Here's my situation:I own a house that I owe $30K, and it's worth $65K. My renters want to buy it, but are not in a financial position to get a mortgage (down payment and credit issues) I would love to sell i...
Nicolas Thatcher
2nd Investment property in Far East Austin
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $245,000
Cash invested: $98,060
4/2 in one of the fastest-growing neighborhoods in Austin. The neighborhood is very...
Ryan Geller
Off Market Purchase of Primary
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $305,000
Cash invested: $99,800
Purchased off market and performed a complete top to bottom renovation. Looking to...
Matt Stokes
I found a motivated seller, now what?
Hello Community,My next door neighbor's house was a rental until year ago when the renters moved away. It has sat vacant for the past year. I got the owners number from the previous renter and called. He lives 3 hours...
Jon Acosta
"Subject To" Purchase from a Motivated Seller (HUD Home)
Hi BP,Quick question that I can't seem to get a straight answer on:I have a VERY motivated seller who needs to sell their home, like, yesterday.The only potential red flag I see is they purchased the home from HUD in ...
Grant Kemp
What are the closing costs in a mortgage assignment
I've tried searching the forums, but can someone walk me through who is being paid, and what their doing as far as closing costs are concerned with MAPS?
As far as I can think, it would only be the title company need...
Svend W.
Landlord residing in basement that lacks kitchen & shower
I'm considering purchasing a 2 flat property in a suburb of Chicago but the timing isn't great for the family to move--I would rather not pull our child out of middle school during the last year--so I'm wondering if t...
AJ Wong
Super Jumbo Luxury Mortgage Loans, Lenders and Rates
Super Jumbo mortgage loans and lenders can vary widely in their rates and qualifications. One observation in working with higher loan amount borrowers and lenders recently is that rates can often be LOWER than convent...