I’m about to rent out the vacant units in my properties, after months of renovating. The rental market is so bad here, that the tenants are having no problem giving out referrals. The first couple of applicants have c...
My partner and I are eager to purchase our first multifamily rental property. We created an LLC and are currently exploring potential lenders. However, we are facing a dilemma regarding the financing options. On paper...
I have zero money and bad credit but want to start "flipping" houses. Any advice for financing and/or how to go about getting started in the business would be greatly appreciated. I have been fascinated with REI for a...
Greetings BP Fam,I have over 250k in debt (credit cards, mortgage, school loan, car loan) and I’m only bringing in about $400/month. I haven’t had W2 income in over a year and my wife is working part time. My LLC is a...
I just got back from day 2 of the Rich Dad seminar taught by Elite Legacy Education. Our instructor Trevor Evans showed us what they call "Double Principal" payments. This is NOT the same as paying two mortgage paymen...
Hello BP community!
For a conventional mortgage, is it better to go directly to the bank in order to avoid the lender fees or will the banks charge all sorts of fees as well?
Any advice would be appreciated!
Victor
so I just got my HELOC secured here in Austin on my primary home through BBT. Man, it was a PITA and took a lot of time. It seems that TX lending laws make the process much more difficult than my friends in other sta...
I have a pending offer on my first investment property, a 4 bed 2 bath duplex in Indianapolis that I will house hack. FHA loan using 3.5% down payment with purchase price being $200k. Currently have $20k in liquid cas...
I live in an INSANE market (Maui). I know of a property in a great location that seems like a great candidate for a BRRRR but the absolute lowest it will sell for is still close to $600,000. The neighborhood appraisal...
Hi Everyone,This is my first post on BP, but I have been an avid reader for some time. I have, what I think, is a pretty simple question. But first, here is my situation:I am very new to the real estate investing worl...