Erwin Miciano
Gentrification and Displacement
Growing up gentrification has always had a negative connotation whenever brought up in media or conversation. In my main perspective, it has affected many low wage earners and families who pay rent in these areas and ...
John Tan
future interest rate increase would reduce multi-unit price?
I wonder if future rate increases would decrease multi-unit price?Since multi-units are priced based on CAP rates, they will be interest rate sensitive. Ie buying a multi-unit at 10% CAP makes sense in a 3% treasury-...
Kevin Fontleroy
New job in new town, what will the bank need for new mortgage
hey everyone, looking to find out what to do to be able to obtain a mortgage for owner occupied. I'm changing jobs, moving and want to buy a house. Clearly I won't have a check for a couple of weeks but I also do want...
Derik S.
Is a multi-family property good for a beginning investor?
I am looking to carve my niche in multi-family properties, such as a apartment complex, since trying to cover everything would be spreading myself to thin. Given my situation of that I would be using OPM to finance a...
Angela Costa
Buy another property or wait
I obtained 5 properties (new investor/landlord) in 2020. Only one of the properties I’ve had a year. Houses going over asking by 5-25 k realtor says. I’m a high w-2 wage earner with 740+ credit score. Been using finan...
N/A N/A
80/20 Loan
Can someone explain how an 80/20 loan works. The pros and cons. Thank You.
Matt Hudson
Financing the first deal
Hello BP Brain Trust,I'm working towards buying my first property which I hope to BRRRR. We're about to open up a HELOC on our primary residence as we have conservatively $200k in the property. We were hoping to use t...
Taylor Chouinard
FHA loan on a 3 decker rental
Regarding the FHA loan, is there clever ways to come up the 3.5% down payment for a rental property? As well as closing costs, fees and considering the 1.5% rule. Also how much would be suggested to have for cash rese...
Ravi P.
Tenant screening- Income 3x Rent
I have a tenant vacating a unit and have listed it for rent. I'm running g into an issue Io haven't run across yet. I am getting a lot of inquiries from section 8 and self-employed individuals. Ok m not sure how to sc...
Michael J Scanlon
Pass through deduction plus solo k
So I’ve been reading the new advanced tax strategies book and according to the book, because I am a 1099 realtor, I can use the pass through deduction to take off 20% of my taxable income. But according to the first t...