We have a single family house in Converse and get multiple questions about if we accept section 8 housing vouchers. We are fairly new to being landlords, so aren't really very familiar with how the program works. Also...
What is the legal/logistical structure to fund a deal using private money from multiple sources? It would seem that if getting debt together from say 5 private individuals the security of being in 5th position on a pr...
Hi all,
One of my good friends is trying to refinance his house. Within the last month he got two appraisals from two different appraisers. The first appraisal came in at $645,000. Three weeks later, the bank ordered...
Hey Texas BP!Just got pre-approved by my first lender and I have a question related to our closing costs.I'm planning on purchasing a duplex for around 280,000 with $10,000 down using an FHA loan. After accounting for...
Hi BP community! Finally ready to jump into the real estate investing world!I'm from Indianapolis, Indiana. Hoosier through and through. I've come to realize I want more for my family and myself. Time, money, travel, ...
I am considering renting out my primary residence (3bd/2ba) for the Superbowl - we are about 20 minutes from the stadium, and about 25 minutes from other events happening around the same time in Phoenix, AZ such as t...
I’ve been working for a real estate broker in my town as a licensed agent for a few months. I’m not thrilled about the pay structure as I will not be paid commission on any purchases or sales that I work on but I can ...
Hi BP family! Are there any investors whose primary source of income is 1099 or other contract work? If so, any tips on how to appear as stronger candidate for conventional loan? Especially if your income fluctuates m...
Hi Everyone. I'm new to BP and have been seriously looking at multi-family rental properties in the Coachella Valley/Palm Springs area of Southern California. Interested in buy and hold cash flow opportunities. To max...
Hello BP Community perhaps you can help me along with my decision process. I figured this would probably be the best place to post this. Ok so long story short active duty military, less than three months out from ret...