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Hello BP family,Would having mortgage company provide you another pre-approval letter within 10 days hurt your credit? Some background:we were about to put in an offer for a duplex 5 days ago and had asked our mortgag...
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Does anyone have a suggestion how to get around the Fannie Mae 6 month seasoning and 70% LTV requirements for cash out refinance on multi-fam? I have a duplex that am trying to follow BRRRR strategy but running into t...
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I have fallen on a really good deal on a 3 family . If I keep it, I could generate 1800-2000 a month by renting however if I rehab and flip it, I could make around 175k. What should I do? I keep going back and forth ...
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Hi all, my name is Madi and I'm a newbie investor! I've been a part of the BP community for a little over a year now, but haven't started yet as I'm still in college and haven't made the first leap. That being said, I...
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I'm currently in a single family house hack I am about to move out of. Can I do a cost segregation on a property I didn't purchase as an investment property but plan to use that way? Does it make sense to run a cost s...
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Hi, I have an option to buy a sfh home in the NW burbs that could bring in about 5k monthly rent. Conversely, I could find a multi unit in class b or c area. Challenge I have right now is that is there a constant dema...
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I own a townhome in Miami that I bought in 2018. I was able to refinance in 2021 and got a 2.25% rate for 15 yrs conventional loan. I like the idea of real estate investing as I had the townhome rented for about 3 yrs...
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I am located in Long Island New York where everything is expensive and I am debating the pro's and cons of house hacking a 2 family house or just continuing to rent and purchase out of state rentals. Any input is grea...
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Hey All -
In the next year and a half, the brother and sister in law will be moving to Paterson, NJ to run an after school program. Aside from the obvious issues about doing business with family (which we a...
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Hey BP!I am a newbie from Southern California and am interested in purchasing real estate in Georgia since the prices here are too steep and I would be flying out to GA several times a year anyway to visit family. Id...