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Hello,I currently am an construction estimator for a fortune 50 company. This position gives me good understanding of estimating rehab costs on most facets of a house. My wife and I bought a house last year as a duple...
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Just a thought, and curious as to others' thoughts on this as well...I've been thinking about the DTI (debt-to-income) ratio used in lending decisions. For those unfamiliar, lenders typically will not lend to a borrow...
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Hello everyone,I'm curious if anyone has or is in the process of using SFM to get into apartment buildings.I know alot of people that are getting SFM HOMES that cashflow 300-500 a month with tenants already in for aro...
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Hi All,FHA loans are great for owner-occupants with a W2 job, but can be prohibitively restrictive for those who are self-employed or run small businesses. Have a borrower with excellent credit, cash reserves, track ...
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Looking for BP input. If you were in my shoes would you take the risk? Quick background.This summer acquired the bigger primary residence, foreclosure bought well 80/20LTV minimal rehab living in it now. Turned the ol...
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My wife and I want our first home that we purchase to be a duplex. We are looking for that so that we can rent one side out and therefore have a very low mortgage payment. Eventually we will purchase another property ...
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Hey all - After talking to several people on BP and considering my future in real estate investing I decided to take a leap of faith, and today I'm completing the 60-hour prerequisite course to obtain my real estate l...
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Hi All,We are close to making our first OOS rental property purchase and now we are looking for a good property manager around the area. We have shortlisted a few but it seems they're more inclined on doing a handshak...
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I have read many posts and I am sure my post has probably been asked a thousand times, but I would like to get current opinions.I have around $200k to invest, not all at once, am thinking $50k-$65k down payment to st...
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Aloha BP!I've posted this before but seeing how other members are successful with posting something similar for their areas, maybe it will work for me. Can anyone refer a real-estate savvy CPA? With my first turnkey p...