So, I'm staring at David Greene's BRRRR book right now pg 232...Seasoning Period
"Many lenders don't want to finance something right after an investor buys it. This is because they want to make sure the property is ...
Hi All,My name is Bryan and I am new to real estate investing in the Memphis, TN area. I have long wanted to pursue real estate and my wife and I recently decided to take the plunge. I'm looking to start off part time...
I have been talking to an individual as a propsect for my side business during the last two months. While prospecting for the other business we had been talking about a 3 bedroom 2 bathroom lakefront condo that he...
I am looking to acquire my first property. My personal finances look to qualify me for around $125k. I have about $7k to work with for a down payment. I live in Kansas City, MO and am looking to buy in the area as I w...
Hi BP! I'm purchasing my first multifamily property located in Redlands, CA. The property is nicely located near a university and the area generates a pretty decent selection of tenants. I've been reading about the pr...
So I was recently notified by my partner that he found out LLC's usually don't usually get approved for mortgages on any properties that are under 4 units by banks. I was just wondering, is there any truth to that? ...
I have heard of two occurrences in my city where someone purchased a home and the city would not turn on the water unless the plumbing was brought up to code. Typically these homes are purchased without inspection...
I did an experiment where I bought a fc 2 family in an undesirable neighborhood. 27K, great shape, BRAND new bathrooms, fixtures, etc. All we did was put new carpet, linoleum, paint, THEN enrolled it in the HESP progr...
Hey BP! I am looking for any competitive lenders who are still offering HELOC's on investment properties? It seems like most lenders have pulled back and have restricted this to primary residences only now. The pur...
Long post warning! Owner of 3 rentals, multiple years. Never faced this, amazingly enough! Tenants on year lease went month to month, no problem. There is a $50 increase when going m2m that they did pay 1st month. No ...