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Results (6736)
Quaid Cde Baca <$80K Lenders around?
9 March 2021 | 5 replies

Hello community, Has anyone else seen a recent shift in lenders with sub $100K mortgages, increasing their minimums loan amounts, increased APR and adding misc. fees?I’m a new CA investor looking out of state, wi...

Ken Ringhaver Is a liscence needed to manage a multi family home
14 December 2023 | 12 replies

I'm closing on an eight plex multi family home and I was planning to manage the property myself but im finding out that I need a liscence to do so. Is this true and if so do I need this before closing?

Dimitri Paspalaris How long is pre approved loan good for?
22 May 2019 | 4 replies

Question can I use an approved mortgage like a preapproved car loan and shop around or do I need to actually have a property and offer done? If this is true how long is the preapproved mortgage good for. I am new to t...

Allen L. How much do you pay for each Schedule E?
16 January 2022 | 3 replies

The title says it. How much do you pay for each schedule E? I guess I never cared about this previously but in 2021 I purchased over a dozen properties, and the cost starts to add up as my accountant charges per sched...

Austin Negron Using a Gift to Pull Off Househack
14 January 2021 | 5 replies

Learnt some interesting stuff today. For using an on 3&4 unit MF, you cannot use a gift as cash reserves. I believe you need at least 3 months of cash reserves (at least according to 1 lender). BUT! You can use th...

Mackal Smith First 8 unit and Insurance is really hurting cash flow
6 June 2016 | 6 replies

I posted this in the multi-family discussion topic then found this forum. Oh, and btw, the apartment building I'm talking about here is in St Louis MO. Apologies for duplicating...Hey all,Up to now I have only bought ...

Chris Gavre How did you fill your mobile home park?
1 December 2020 | 4 replies

Hi guys. I’ve recently closed on my first mobile home park in South Carolina. I’ve had it about 2 weeks and am looking to strictly rent out the lots. However, as expected, the demand for this is much less as people ha...

Phaen Pittman Need Help Rearranging Debt or Restrategizing.
11 December 2017 | 3 replies

Hey BP,So a friend of mine called today asking for some advice that was well above my pay grade.  He works full time as a college professor, owns his own auto repair business, and also owns rental properties.  He ran ...

Scott McGill online lender or scam???????????
14 June 2018 | 5 replies

I was checking out online lenders and kept seeing these guys ONE TRUE LOAN with crazy low rates. They currently will do 4.35% when rocket is at 4.75 and my local guy is at 5.125% for a $40,000 cash out refinance in Or...

Mike Ventura Best Resources for Cost Conscious Home Improvements
11 August 2016 | 5 replies

Happy Thursday BP, one day until the weekend! I am pleased to announce that I have an accepted offer on a 3 bed 1 bath home in North New Jersey. It is a true diamond in the rough and requires alot of labor and not alo...