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Been on this forum and already have found a wealth of information. This is similar to a post I had yesterday but I have been listening to quite a few podcast and forum post, I keep hearing about the 2% rule and having...
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Hello BP! I've been living in Seattle (first hill area) for the last three years. I work as process improvement consultant for various companies. I'm looking to diversify my income and possibly create my own business....
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My wife and I have been living below our means for some time now so that we could save up to purchase an investment property. From countless hours of videos and conversations online and in person, multifamily is the r...
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I'm planning to buy a property in Tuscon, AZ and rent it out by the room, but I live in San Diego, so I will most likely need a property manager. However, when I talk to agents and lenders they say property managers w...
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BACKGROUND: I WANT TO PURCHASE A SECOND INVESTMENT HOME, I CURRENTLY DONT LIVE IN MY HOUSE I RENT IT OUT COMPLETELY (3UNITS), IVE BUILT UP ENOUGH EQUITY AND I WOULD LIKE TO USE IT.QUESTIONS: DO I APPLY FOR A HELOC FIR...
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Hello awesome BPs.I in the process of planning to rent the rooms of the townhouse, 3BR 2.5Bath with basement. This is in montgomery MD. I wanted to know if there are any legal things I need to know regarding how many ...
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If we purchase a property with a a loan on an individual name and then transfer to LLC. How does the transfer work?The doubts we have are1) There is a due on sale clause or something that doesn't allow the loan to be ...
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Hello all, I have a property in DFW that I have a hm loan on. Due to a serious of misfortunate events I am in default now. I owe my lender about 8k. Right now my debt is sitting at around 154k (8k outstanding intere...
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Hi BP family!
I am analyzing a deal in South End neighborhood at Charlotte NC.
The house has some "hard" issues:
1. pretty steep hill in the front with stairs to the front of the house. No driveway in the front....
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I’m new here and not sure if this is the correct place to post this. Please feel free to redirect me to a different section of the site if needed.
I’ve recently been thinking of ways to utilize the market downturn b...