Jacob Beg
FNMA mortgage qualification question?
Hi All,
Having reached the 10 property limit for FNMA loans, if I refinance four of those properties with a commercial lender taking title under under a newly formed LLC, am I still able to use the positive cashflow ...
Scott Warhol
Trying to Finance a Pre-Foreclosure into a Rental Property
Ok, long story short. A seller lead came to us (business partner and I) 2 days before their house was to go on Sheriff's Sale. We negotiated with them that we would pay the arrears and then purchase the house from t...
Brandon Riahi
Syndications how to find them, Vett them and tiing
Hello All,We are trying to branch out from SFRs and dealing with tenant and tenant issues with passive investments. We have been looking at investing in to syndications but are having trouble getting to a point where ...
John Hyatt
Is there a clever way to use credit cards in real estate?
Recently I have been fascinated with travel hacking, learning about ways to manufacture spending to earn points. It hit me that as a real estate investor we spend hundreds of thousands if not millions paying for contr...
Michael Brunner
Moving and keeping old house as a rental
Hello,I apologize if I'm posting in the wrong spot. My name is Mike. I'm 27 from Madison and new to REI. I see a lot of long term potential and I hope to start soon!I've owned a home for about 2 years in Madison. It h...
Pat Jackson
What if I don't want cash flow?
I just listened to the August 1, 2018 podcast "7 paths to financial independence". Really great episode. They talked about the following method for those who don't want to be super active in real estate:Buy one hous...
Darius Lipsey
What can I do to add value/increase rent?
Morning BP!!!
I posted this another part of the forum, but I thought it’d be more appropriate here.
Today I’m closing on my first duplex! Right now both units are vacant. The plan is to renovate unit one and get it...
Sage Jankowitz
How strict are your property requirements?
The 50% and 2% are good rules of thumb, but what are your specific criteria in your area(s)? How stringent are your requirements and how often do you reevaluate them?
I'm trying to figure out how specific most invest...
John George
Am I in the wrong? New Landlord that hired property management
Hi everybody, I am from Texas. I started a 2 year Rental agreement last year. I verbally told the tenant if he keeps up with his payments I will reconsider his rent (rookie mistake) and offer a discount for the 2nd ye...
Drew Clements
Release of lien form - working with contractors
I'm doing some remodeling on one of my units and trying to follow advice from some of the articles and posts on BP regarding working with contractors - most everything seems pretty straightforward, but I'm trying to f...