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Results (8041)
Jason Malabute mi vs pmi (mortgage insurance)
8 March 2017 | 10 replies

When lender says, "For FHA loans, there's a 1.75% upfront MI (usually added to loan amount) and 0.85% monthly MI" What does that mean???For example, if the property is worth $559k, $200k down, and $359k loan would fol...

J. Erickson First vacation rental / meddling neighbor
8 February 2019 | 6 replies

I purchased my first reno and now have it listed as a vacation rental. I have it rented about 50% of the weekends to couples who come to use trails or go sight seeing, my family uses it when I do not have renters. Not...

Robert Fullum Authorized User/Credit Card/Credit Score
14 September 2015 | 6 replies

I'm listed as an authorized user on a few of my parents' credit cards. My plan is to buy my first investment property in about 18 months and i'm trying to get my credit score as high as possible during this time. Thei...

Dakota Walker Financing Options for purchasing a house from a family member
3 February 2020 | 1 reply

Sorry if this is common knowledge here. I am new and only have one rental house right now, but looking to buy more.

I have a family member that has a rental property that she was going to unload because she didn't...

Jamal Fontenot Professional Advice on Lender
20 April 2020 | 3 replies

Hello BP Family, I need some help. So I was connected with a lender when I first expressed my interest of investing. For the most part I think she has my best interest in mind, but when I ask questions wanting to lear...

John Prucha Why the Odd Appraisals?!
22 April 2020 | 8 replies

Hello everyone!My investment partner and I are on the BRRRR train and have noticed that appraisals seem tightly influenced by offers. We expected a recent wholesale deal to appraise 20-30% higher than our offer. It ma...

Shane H. Crazy applicant withdrew, what is my next step?
3 November 2014 | 8 replies

Hey everyone, had an odd situation happen and I was wondering what you guys woudl recommend that I do.

Had a VERY interested couple show up to a showing and filled out an application and wrote a check for the app fee...

Levi T. Resurrecting an HOA
21 January 2019 | 4 replies

Over the last year I've been busy with a townhouse community, the place was picked apart by investors years ago, then slummed out. Fast forward to today, and I've been buying batches of units, while all along knowing ...

Jesse Holshouser Trying to buy with seller financing
16 May 2017 | 5 replies

I found an off the market duplex, contacted the owner and he is interested in selling. He contacted the agent he usually works with in order to determine an asking price and she is showing me the property on Thursday....

Chris Irvin Multifamily BRRRR loan question
23 July 2022 | 4 replies

I am currently reading the Multifamily Millionaire series and have a question regarding the BRRRR method.  If I plan on using a cash-out refinance commercial loan (5+ units) and am going to use a mortgage broker to fi...