Michael Hansen
Buying an semi-finished 4-unit with a conventional loan
Hi,I am in the process of evaluating my first deal on a multi-family investment property that I will not live in. There are two completely remodeled/finished units on the second and third floors that are currently oc...
Catherine Taylor
Buying two properties at the same time
Hi, I’m new to real estate investing and am looking at rental homes to buy. Are there banks that will let you buy two homes at the same time? I found two deals but wasn’t sure if that would be possible. Thank you. Cat...
Jeremy Komer
Does 80-10-10 still exist?
Hello everyone,
Has anyone done an 80-10-10 recently? I understand Fannie and Freddie wont allow a piggy back loan and since the minimum down payment on a 3-4 family conventional is 20% that severely limits my optio...
David Tower
Money in the follow up?
Hi folks,
Something is amiss here. On my first go around to my list I averaged over 9% response with yellow letters. 8 weeks later I mailed the first 200 on my list again and got 1 call so far.
This time I did try t...
Joe Conklin
One Tenant Moving Out
I rented to two tenants that are on their third year in my rental. I approved them based on their joint incomes. I receive a call that one of them is moving out two weeks ago. The tenant that is staying wants to st...
Joshua Hughes
House Hacking obstacle Enforcing the lease
Hello fellow BP family,
I am in need of some advice on how to proceed..but first I will give a description of my house hack.
Bought my first SFH in December of last year by using the BP analysis. I bought a 3B1B. ...
John Fabros
Maxing out VA loan with 6 units/commercial? (VA handbook Ch7)
Reading through the VA handbook:"If a property is to be owned by two or more eligible veterans, it may consist of four family units and one business unit, plus one additional unit for each veteran participating in the...
David Jiang
Handyman painter and/or cleaner referral needed - San Jose
Does anyone have a referral for a good handyman and also a cleaner who can do refresh work on rental units? (Paint, vacuum, deep clean, etc)I have two units in San Jose, possibly a third in a nearby city, that just al...
Deb Houghton
Renovation of existing building
I have been an owner for 30 years. In the process of renovating and want to update and make property more sturdy so there is less damage each turnover. The property is in Trenton nj. Any suggestions for appliances , d...
Neil Rivera Llena
People are on fire with ideas
Hello BP Folks! Sharing this brilliant mindset.If you don't own a home, buy one. If you own a home, buy another one. If you own two homes, buy a third. And, lend your relatives the money to buy a home.