As I understand it a bank will loan 80% to the investor directly, and then the seller takes out a 20% loan to finish off the remaining amount the investor couldn't muster up. Is this correct, and if so how would th...
Howdy y'all!First - this is my first post. Yikes! Josh would be more ashamed of me than he is of Brandon when he says " ... really? ... " Second - The BRRRR and Rental Property Calculator are awesome. Well done, BP Te...
Can anyone explain how homepath financing works? I see a lot of advertisements as 5% down. Is this for owner occupants and investors as well? If not for investors what's the % for Homepath? I've researched homepath we...
We're looking to add property to our portfolio. I currently can no longer qualify for any conventional financing due to DTI requirements, however, my wife is NOT on the title or note of any of our holdings. Therefore,...
I have read in several different forums about the 8% rule but I don't completely understand it. Can anyone give me a good explanation of this? Thanks in advance.
I'm trying to automate and digitize more processes of managing long term and shortterm rentals.
Curious to learn what other landlords and STR listing owners are doing to automate day to day processes?
How much time...
Caution, long post, but worth it!
I’ve posted on here in the last few years about our journey into Short Term Rentals, and the way that it has drastically changed the velocity of our financial future. From those pos...
I just deleted about 30 lines of rambling in this post... I cut the fat.SCENARIO 1Would you sell a Property at 10.5% CAP for $48k (19% Equity) to make $16k and be clean of the house?orSCENARIO 2Would you sell a Note a...
Hello, fellow BPers.I am new to BP and new to real estate investing. I am 44 years old and have never bought a home before. My plan is to buy-and-hold to be able to retire at a decent age. My lease at my apartment en...
I started working back in summer 2018 and was very interested in real estate investing. I bought my first property for self-living back in early 2019, a condo in Dallas TX. I was living by myself at that time, and was...