Cory Clay
Use the 1% or 2% rule?
Hi, this is for anyone that invest in Houston, TX or surrounding areas. I'm taking the steps to analyze deals in the search for my very first one. As a rule of thumb, do you use a 1% or 2% rule for narrowing deals dow...
Ishmael Johnson
1031 exchange questions
With the 1031 exchange Do you run numbers as usual on “like kind” properties and then present them to a lender?How would that work being that I wouldn’t need the purchase and renovation cost to be covered completely b...
Shu Zhu
Big fine from HOA/collection agency
Hi All,I live in Texas and own a condo in Las Vegas free of debt since 2009. Today, only by chance, I learned that I have a lien on the property which turned out to be from a fine originated in 2016 due to missing a ...
Bobby Short
Costa Rica 2nd property Mortgage
I'm in the beginning stages of purchasing a 2nd home in Costa Rica. I'm quickly learning that getting a mortgage isn't a simple task. I've found options in Costa Rica, but rates are in the 10% range.
Does anyone hav...
Mitchell R.
Landlord EIDL application
The eidl loan appears to have a low interest rate. Can I use this loan to apply to my mortgages? Will it be difficult to qualify for a eidl loan that will pay my mortgages in full? It seems the loan is 30 years at ...
Justin Young
Is this a valid strategy?
Aloha BP!Living in Hawaii is great and I couldn't imagine my family living anywhere else. But when it comes to starting a portfolio of rental properties, it gets really expensive to do so. Instead of investing in my "...
Eric Dailey
Do you think that this is a scam? Personal Line of Credit
In the REI group meeting a week ago there was a lender there who advertises $50k to $200k personal lines of credit, to be used for anything - closing costs, fees, even the entire purchase price for a property. The...
Evan Oxenhandler
Green behind the ears but already building portfolio... questions
My wife and I have been slowly but surely acquiring some properties over the past several years. And I'll be the first to tell you we have next to no real education on the matter. We just kind of picked up the places ...
Ashton Cleveland
USAA Career Starter loan as a future down payment?
I recently commissioned into the Air Force and am considering the USAA Career Starter loan for a future down payment or rehab on a duplex.. with a variety of ways to go about it. I say "future" because I am in pilot t...
Dale Snider
Syndication with a Self Directed Roth IRA
BP Teammates, I’ve an opportunity to buy into a large syndication deal and I want to use my Roth IRA. I’m currently looking at all the BP posts about SDIRAs and have not yet seen one discussing buying into a syndicati...