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House hacking has become an increasingly popular way for people to get into real estate investing while minimizing their living expenses. The basic premise of house hacking is to purchase a property and rent out a por...
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Fannie Mae Homestyle Renovation Loan vs. FHA 203(k)
The FHA 203(k) is the most widely known renovation loan, but did you know about the Fannie Mae Homestyle Loan?
Here's how they break down:
Fannie Mae Homestyle
M...
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Good Morning BP Community!
I recently purchased my first SFH rental about 5 minutes from my primary residence (duplex). This is my first case of a difficult tenant. She has been in the property for 26 days and I went...
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I have contacted three separate independent insurace agencies in town and all of them tell me that they can not give a GL policy to my business because I am an investor that buys and sell's houses. I'm planning to get...
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I have $135k in equity in my primary residence. I recently saw a SFR 3/2 deal at $99k cash, $10-15k rehab, $134k ARV, $1095/mo rent. Just an ok deal.
But it got me thinking about my ability to do a refi or a heloc t...
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I am sure this site is full of answers regarding this question, but I need a little advice.I just picked up my fourth investment property. Once repairs are complete, I will have 50-65K equity. I am quite excited abo...
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My water heater has been on 110F for many years with no complaints.Mabe there is some heat loss due to the cold?I am an hour away from this house.I haven't even had my coffee yet this morning.Luckily I have a Rheem wi...
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So my husband and I bought our first investment property in November and Chase is our servicer. We opened an LLC to transfer the deed and have been working to get a consent to transfer from Chase. I just got a respons...
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I am a licensed real estate broker in WA and starting to look for a rental for myself - unlisted properties that someone might want/have to unload. I know I have to disclose that I am a broker. To get a 'deal' it has...
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Hi all, I’m hoping you can offer some insight to my rights and responsibility to the tenant in this situation; (Property is in PA)
- One of my units was raided by SWAT on the evening of July 16. - Due to ...