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I have a LTR SFH in Dallas, TX that I am trying to refi with cash out. I am in the middle of the process and I was told that I need my 2020 and 2021 tax return processed by the IRS to confirm rental income. Fannie Mae...
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Ok, so my partners and I are looking at a MHP with 31 currently rented units and 15 vacant lots on 10 acres of land.
There are 16 POH's rented @ $600/m and 15 owner owned @ $265/m. Current market lot rates are around...
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Hello BP,
I'm considering buying a rental in my town that currently rents each room, "by the room". They have each tenant sign a 6 month or yearly lease. Cash flow will be around $500-$600 per month- this will be my...
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Hey everyone! I'm new to real estate investing and I'm going to buy my first multi-family property with the VA home loan in 7-10 months I was wondering if anyone could give me advice on how to get 75% of the rent inco...
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Hey BP!Just wanted your expertise on this. I've flipped 3 homes and taken a bit of a break. However, looking to drive into what my dream has been and that's rental properties. I've looked into the BRRRR strategy and w...
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Hi all,
My name is Colin and I am a 24-year-old software engineer working remotely from Brooklyn, NY. I have always been interested in owning property and the potential cash flow of renting it out, but always felt...
Here's my scenario I need your help with. I am looking to buy a 2 bedroom apartment for $450k. I have the cash to buy it. Is it wise to pay full cash or take a mortgage and pay 20% down and invest the rest in the stoc...
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What are my options to get a loan under LLC using my portfolio? We looking to buy a 18 unit building (asking $190,000). Needs rehab (estimate...
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Hey everyone! Just wanted to share my experience with my first investment property and get some discussion going! When I bought this property I was 21. I used an FHA 203K loan to fund it.I didn’t even have money for t...
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I'm looking at a deal on a 6 unit (2 bedroom 1 bath x 6). The current owner is only renting 5 of the 6 units, and the 6th unit has a live in handyman who doesn't pay rent and works for "free". Current gross rent is $3...