Eric Morales
Opinions would be appreciated.
My and my brother are trying to go in on a duplex together and wanted to be sure about what to expect from the loan side of it. I am 21 with not great income and my brother is 28 with years of income. How would the co...
Miss Liz
Greetings from San Diego. Buy now or wait until the recession?
Hello,I am a new member and fairly new to BP. I live in San Diego, California and am wondering the following:Should I try to get a duplex now (live in one unit and rent the other) using an FHA with 3.5% down , or shou...
Muhamand Wilkes
Land Trusts
Has anyone here used a Land Trust? I would like to use one with a fannie mae mortgaged property in GA if it really alllows you to move it under an LLC w/o triggering due on sale
Carmen Lewis
A Hypothetical Scenario
I am looking into my first deal. Let's say a seller agrees to sell me their house. I get the property under contract. I reach out to some cash buyers. What is stopping a buyer from going around me and buying directly ...
Bienes Raices
How would you handle this?
I had a group come by this morning to look at a house. They were very normal, polite and no alarm bells went off.
After they left there was a knock on the door a couple of minutes later and it was the husband/boyfrien...
Ezra Henderson
Craziest idea ever… somebody tell me I’m stupid.
Hey BP, I think I might have just had the craziest idea ever, and I need somebody to smack some sense into me and tell me it isn’t possible. But if it is possible, then it would be amazing.
So not too long ago I p...
Chris C.
Advice for first time storage investor
What advice would you give to a first time investor on how to find, what to look for, how to analyze, acquire financing, negotiate, and buy one of these properties in these market conditions?
Michael Randle
HELOC to make downpayment on Multi-Family?
It would seem that a HELOC for a down payment on a new investment property when it comes to SFR or 2,3,4 Plex is a no go due to Debt to Income ratio.But can I use a HELOC as a down payment on a 5+ unit?
Nate Bell
Seeking Revenge on a Lender
I know, it’s a little dramatic. But really, I’ve had a lender just totally underperform, lie, dodge, stall, and then blame me, and I’m about to miss a closing date as a result. I’m now either gonna lose my earnest mon...
Matt Willison
When can I convert primary residence to AirBNB?
Purchased a primary residence home in August 2022. We are eager to begin using this property as a long term (3 months at a time) or a short term rental. What are my options for when I could begin renting out this prop...