Jeanie Crisp
Uncooperative tenants in Texas
I've had the same unmarried couple as tenants for 4 years now. They were good tenants at first. But the past couple of years whenever I go in to access repairs, I've noticed they are not clean people. The walls are na...
Jameson Sullivan
accessing equity without a loan?
so I've got about 125k of equity in my home and was planning on refinancing to capture that equity for my next project but no-one will loan because my employment isn't "permanent". It's a long term job that i will lea...
Jon S.
Raising Rent on newly acquired duplex units
I just purchased an occupied duplex, 2b/1b. Both tenants have 1 yr leases for $450/mo that expire at end of this month. As of Feb 1st, the lease will automatically convert to month to month. They are paying way below ...
Jason Lamar
Renting out your primary residence as a short term rental
Hi,I am getting ready to relocate for work where my company will provide me a monthly allowance for living expenses as long as I have a permanent address that is away from the project location. I will also be moving p...
Robert Granger
Should I even TRY to start now?
Hi everybody, I would like to first say that I have been reading BP forums for a while now and they have helped inspire me to invest in RE. I'm 28, engaged, have a 2yr old son, and at a somewhat difficult point of l...
Jerry Tilley
Are there other loan products out there that are asset based besides DSCR?
I'm looking at purchasing a rental in North Carolina, I have Excellent credit (800+) and money for the down payment.. BUT!!! Im self employed and my debt to income doesn't look good on paper. I got pre approved for DS...
Kyle Seidel
Why doesn’t short term rental income count as income in DTI ratio
I want to get a short term vaca rental in Nashville but I just ran into a roadblock. My lender said that they can’t qualify short term rental income as income since it’s not guaranteed. It seems silly to me that they ...
Chris Kittle
Questions to ask on an 8-plex
Good morning!I have identified an 8-plex that I am strongly considering purchasing. This would be my first foray into multi-family of any kind and I want to be sure I'm not missing something. So far the costs that I...
Raj Parwani
Flipping property: max purchase price
I am going to look at a property over the Thanksgiving weekend. I have not seen the property except in the pictures and it seems that it will require about 70 to 80K in rehab costs. The property is listed for 300K and...
Richard Gleason
A to B... B to C
Hey BP, I have a quick scenario I wanted to run past you guys... I have a few deals on the table that I can purchase (Cash), and have end buyers in place. The issue that I foresee is seasoning on title... The end bu...