Daniel Burrows
HELOC on primary residence to finance first purchase. Thoughts?
I’m considering taking out a HELOC on my primary residence to purchase my very first rental property. My house is completely paid off and I have $40,000 set aside for a down payment. My agent highly recommended taking...
Gayle Eisner
How can I tap into my equity for investing?
Hi: I own clear a rental property and have a very low payment on the one I am living in. I have a decent credit score and some cash. I am property "rich" and cash poor. I supplement my income from a substitute teac...
Cole Wasden
VA Loan best method for first military home buyers?
Hey BP fam, I am a military member looking to purchase my first property. This would be a rental and is also my first home purchase. Is the VA Loan the best loan out there for me? Also, any further recommendations for...
Ada Li
Mortgage Questions - Home Ready / Home Possible vs FHA
Hi there!
1. What counts as income? Are bonuses included?Home Ready and Home Possible have Avg Median Income limits (Philadelphia $84K)- I meet this requirement if I don't include bonuses (from referrals and perform...
Luna D.
10% or 20% down on first home ?
Hi Everyone, I am trying to figure out what I should do in this situation: I have good credit and would be able to make 20% down on my first deal. But I am struggle to see if I should down more or less (10% or 20%) o...
Aksel A.
Starting a new 1-member generic LLC RE biz
Greetings everyone,In parallel to my house search (settled on focusing on 3 family house thanks to gentlemen recommendations here), I am also starting my general purpose LLC.It will have a foot on housing rentals and ...
Brian Stike
Anyone short term rent properties in St Pete Beach/Treasure Island/Madiera Beach?
Help!!I'm a New Jersey real estate investor with a few long term rentals. My wife and I have traveled to St Pete/Treasure Island and ABSOLUTELY LOVE IT. We'd like to start STR investing down in St Pete/Treasure Islan...
Marty Howie
Canadian looking to buy first BRRR in San Diego
I am a Canadian looking to buy my first property in the US(San Diego).Is it difficult to find financing as a Canadian?Would be great to hear from some local hard money lenders and mortgage brokers.thanks
Shaun Moore
Tenant is Marrying Someone with Special Needs Child and Moving In
I have a tenant in a single family home that has been there for a while. He has notified me that he is getting married next month and his wife has a child with special needs. The child requires a machine to breathe, w...
Samuel R.
New member from Tokyo, Japan
Hello everyone!My name is Samuel, and I'm a 29-year old Swede living and working in the middle of Tokyo, Japan.During the days I do consulting in a field unrelated to real estate, but I am very much interested in inve...