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Got an app for an apartment today that didn't make enough, but here's the deal. rent is $1650, x36 (1/3 income for rent) is $59,400 required income. He just started a Federal job at GS-7: $47,374, and will make GS-9, ...
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I currently own a home that is free and clear and interested in doing either a cashout refinance or getting a HLOC. I have a pretty good idea as to what I want to do but I am curious to know which option would you tak...
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What's up BP ! Finally upgraded to the Pro account. ( I was tired of not being able to go back to my reports lol )Looking to do my first BRRR deal on this property. My goal is to rehab, increase value, pull out equity...
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I was flipping through the forums and saw a post about how fast the crowdfunding sites are getting deals funded. It made me curious, so I went to the websites to learn more. It seems like a great platform, but in my a...
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Hey BP!About to make my first investment in the 4-6 months and I'm already thinking about the next deal. I have about 37K saved and will need to utilize a low down payment loan program. Initially I was thinking FHA wa...
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My wife and I are scheduled to close on a HELOC this upcoming week and throughout the process banks advertised interest only payments during the draw/advancement period of 10 years. When I received the final paperwor...
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Hi members and mortgage prosI've been self employed for a year. Can prove consistent income around $8k/ month. Credit is 800. I'm sitting on 500K cash from a recent property sale and have 1.5M in investments. Last, I ...
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My 1st deal was a 5 unit apartment building almost 1 year ago. Overall, it's been good so far but as I've learned more about real estate investing I have realized I may have made a few mistakes on this one. A little b...
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I have a client that bought a second home and is trying to put it into an LLC, but because it is a second home and not an investment property the lender will not allow this. She is starting to rent it out on Airbnb an...
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I may be asking a silly question here but I'm trying to figure out about refinancing to use the money to then assist in the purchase of a second property. I updated my property a few years ago by adding on a room as w...