Esther Kim
Three Applicants-One has Good Credit, Second Fair, and Third Bad with 4 Collections
Two of the applicants are mother and adult son, with a child that is a minor. The third applicant is a friend.The mother alone has good credit and makes income that is 3 x rent. However, when running credit, the third...
Enrique H.
Class b vs Class c rentals
Hi All,I am looking to expand my rental portfolio but I am not sure if I should try a b class ( 95k ) sfr, all my rentals ( I have 6 are in a (c class) in eagledale) eagledale rentals rent for $750 month paid on ave...
Alex Stariha
Fannie Mae Multifamily Small Loan Program
I have an unique deal in the works. Its for a total of 21 units but it consists of 4- 4 unit buildings and 1-5 unit building. They are all consecutive but have separate tax parcels. My question is has anyone dealt wit...
Handel Carter
New member from Pa, Harrisburg area
Hello bp community. I'm new to the REI but very excited about the opportunities ahead. I'm currently in the process of forming my holding company. Just wanted to say that I've been reading your posts and correspondenc...
Gary Ramirez
Most effective marketing tactic?
I have recently targeted absentee owners and had a great response rate. The only issue is that they were not very motivated at all just interested in hearing my offer. The ole "I might sell if the price is right" whic...
Emily Simmons
Newbie in need of help
Hello! My name is Emily Simmons and I initially wanted to start flipping houses but I do not have enough funds to buy a house right now. I have some funds saved just not quite enough. So i've been reading up on wholes...
Bruce Yi
Applicant with eviction
I have an applicant with an eviction from 2019. He has since restored his credit (740) and has stable employment. What measures can I put in place to reduce my risk as a landlord? What questions should I ask during th...
Tim Kane
Recent Low Appraisals
hey HP,Washington DC, Virginia, Maryland REI here. My fix and flip properties have been appraising consistently low recently. My Renovated properties have been going under contract fast, but when its time for appraisa...
Will Mejia
Fixing current rental or selling?
I own a 2 flat brick building in Chicago. Over the years some brick cracks and other outside work has accumulated. Some concrete areas around the building need to be fixed. I would guesstimate 20-40k in repairs. I h...
Gene Felten
Investing without a steady income stream
I'm about to go back to school and won't have a job but i'm looking into investing in homes in the south east suburbs of the Chicago area, near the city. I have good cash reserves but is that still not enough to quali...