Thomas J Mele
What bank will allow me to use a HELOC as a down payment?
I’m trying to find a lender that will allow me to use the HELOC on my primary as a down payment for a new investment. Also, would a 203k loan be an option if I’m using credit to obtain the property?
Heyward Lovett
Surviving As Investor In A Sellers Market
Hi there and HAPPY NEW YEAR!!! I'm an investor in Virginia (Hampton Roads area), inventory is plentiful BUT the prices are a whopping 15-40K over actual worth due to what we call a sellers market. Any others in my mar...
Kasia I.
Finally did it!!! Purchased my first property!
Hello BP Members and Happy New Year!!! I'm excited to share that I just purchased my first SFH in MO!!!! I was very nervous but finally decided to pull the trigger. I was in the paralysis mode for about 8 months. An...
Arun Iyengar
Help on Health Insurance for the Passive Income Investor
I am thinking about just living on my rental income and not be employed by a company. However there is the question of health insurance. Since I don't qualify for Medicare, the alternative would be to obtain Health In...
Account Closed
Love to hear your comments -Exclusions Because of Prior Arrest
The Department of Housing and Urban Development (HUD) issued new guidance on April 4th, 2016 that is going to require all single-family and multifamily rental professionals to revisit their policies.In a decision that...
Marvin T.
Finding owners
So I am finding some houses I am interested in taking a further look at. The problem I have been encountering is finding the owner of the property. Few of the websites I have came across to track the owner down you h...
Johnny Kim
Tellus app questions
I’ve decided to use the Tellus property management app for my first property. But wanted to know what your logistics were on how you use the app that makes senseHow do you incorporate the app with rental applications...
Ji Choi
What to look for in a wholesale deal
Hi BP family!I'm currently in talks with a wholesaler who has a MFH in Seattle for sale. As far as I understood, she bought the rights of sales and purchase agreement from the listing agent.Looked up the history in zi...
Chuck Gerchow
Using Zillow to market your rental property Vs Craig's list
Ok so my house in Marysville,Wa became available after almost 5 years occupied with the same tenant. I have used craig's almost exclusively to find new tenants for the last 12 years. I was initially trying to get new ...
Scott Anthony
Real Estate Agent called me and said what I was doing was illegal
Hello. I have a comment, and then a question. I have been asked by a couple to try and sell their house. I had advised them that calling an Agent was probably the best way to go to get a good price for it. (In my area...