Haixia Shi
Debt/income ratio problem with investment financing
I'm having this problem when looking for financing to purchase a 2nd home as investment. This will not be a long-term buy-hold and I only need financing for 2-3 years before selling. The cash on hand is enough for 20...
Diana Fernandez
Pay cash or 20% down on a loan for tax purposes; 90kMFU
Hi newbie here,This will be our first out of state Multi Family unit purchase. It’s located in Texas off market and going for 90k. I was considering paying it cash or 20% down and carrying a mortgage for tax purposes...
Mike Prisco
Using Flipping income to improve DTI
Hi all, just a question I have that I've been having trouble finding an answer to. I have flipped 8 houses typically going at a rate of 1 per year with a very good return since I do a lot of the work myself. I have ...
Chase Whitney
Beginner Hypothetical Walk-Through
Hi, everyone!I'd like to use a real listing as an example walk-through to help me (an absolute beginner with no experience whatsoever) understand commercial real estate investing a little better.Click here to see the ...
Tyler Kneer
Package Triplex and SFH First Deal with LLC or Personal Loans
Hey All!
My partner and I are looking to buy our first property(s) and we have our eyes set on a package deal. This package includes a triplex and one SFH. Their current listing price is $115,000 each or $230,000 tot...
Dallin Gary Patterson
New Construction Investment
I need some sound advice quick! I should have reached out to you all who know more about the real estate business than I do BEFORE I entered into a contract on a new build, but if anyone advises me to get out of it, I...
Anthony Saunders
Family co-signer in exchange for % equity on first property
I am looking to purchase my first property in San Diego. Ideally a Duplex so I can live in one unit with my partner while renting the other. I’ve accumulated a substantial nest egg after college and paid off all stude...
Cherisse B.
House hacking multifamily home
Hi BP community! I'm a new investor. I want to know who started their investment portfolio house hacking a triplex or fourplex and if you have any general advice/tips. My partner and I are looking to start off our por...
Capricia Almanzar
Purchasing my parents 3-Unit
So my parents own a 3-Unit property in Chicago, IL in the Logan Square area. They purchased it for $195K in the early 90s, but now per appraisal it’s worth $897K (without renovations)I want to purchase this but I don’...
Keegan Uderitz
Trying to get Seller financing!
Hello BP. I am currently looking a deal where the owner has 6 different properties he wants to sell, essentially his whole portfolio. I want to propose him to seller finance me 2 of them. The pros would be obviously l...