Randy Giovanniello
Lost and want to begin
Hello Everyone,This might be a little uncomfortable to say but I don't know where else to go. My wife and I have 30k saved and can only get a mortgage of 150k because my wife doesn't work because she takes care of my ...
Jasmine H.
Applicant doesn't want to provide social security number
I have two applicants (they are friends) who want to move in with a nanny for one of the applicant's child. They love the place and we like them and think it will be a good fit. The issue is they don't feel comfort...
Tabitha Bean
Rental needs emergency repairs, personal DTI too high for personal loans
My novice status will show here...I recently purchased a 4-unit multi-family property in Washington, DC. Though this has seriously boosted my net worth, it has stuffed my cash flow into the trash.I have a significant ...
William Henze
REO Occupied Duplex Help
This property would be a total shot in the dark but has huge potential to be a great flip and also a decent cash flow property. Current asking price is $27K, however I'm sure that I could get it for less. I estimate t...
Adam Scheetz
Should I Start Out with Multi-Family First??
I bought a primary residence Single-Family in 2010, Rented it in 2015 [sole landlord], and Just sold it in 2018 FSBO. That's the extent of my 'hands on' experience. Having said that, In pursuit of experience and growt...
Kelly N.
Breaking Lease Early-- trouble with neighbors
Hi all,I tenants that would like to break their lease but no clause in the lease covering the situation. They have been in place for a little over a year and signed a second lease through April 30 so we have 8 months...
Abby Braaten
Registered Offender Tenant
I'm currently under contract to close on a 4-plex on June 24 and found out that there's a registered sex offender living in one of the units on a month-to-month lease. I have to live in one of the units (mortgage reas...
Benjamin Barredo
Negotiating Tips Needed
Okay BP Buddies,The last few weeks have been a period of results and I am so stoked. No, nothing big happened yet, like closing deals or anything BUT the phone has been ringing steadily and I finally have 3 houses wit...
David Rutledge
How much below listing price should initial offer be?
Hi Everyone,I am ready to put in an offer on my first buy and hold investment property.I have heard time and time again in all my research that you make your money when you get into the property so I am very aware tha...
Antonio Cucciniello
How Much Leverage is Overleveraged?
As some people think a crash is coming alot of experienced investors who have been through crashes are saying "don't be over leveraged." But no one gives a percent of leverage that is healthy, or how much cash you sho...