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I have an odd lease-purchase option that the courts have effectively deemed a note. It has about $60k left on the equity, it's 100k house, and is accruing 6.875% interest. It's not clearly written as a note, but nonet...
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When doing several BRRRR properties over the course of a couple years, that would take multiple credit checks to be approved for loans and refinancing. Given that credit scores take a hit for a year every time the cre...
Already started my first House Hack, subdivided my house into a duplex and am renting my garage to a small furniture company. Looking for advice on setting up accounting, (have quickbooks and separate accounts already...
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Hey BP,This is a thread to share and discuss direct mail strategies for landing apartment deals. I am a beginner in direct mail, started not long ago with basic campaigns. So far my response rate is ranging between 2%...
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I live in a SFR property which we recently finished construction and received the Certificate of Occupancy for an ADU. The ADU was constructed since we needed an additional bedroom for our baby. I applied for a HELOC ...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment in Waterbury.
Purchase price: $200,000
Cash invested: $15,000
I was able to use an FHA loan (3.5% downpayment) for this 4 un...
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Hello Everyone,
I am currently educating myself on REI. I would like to known what books you have read that you have found most help. I am especially interested in practical books. So far I am reading the ABC's of ...
I have a seller who currently has tenants with a 2 year lease agreement. Are there any special considerations for this situation i should be aware of. Louisiana is my state. Thanks!
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Greetings,
We are in need of a referral for RE Lawyers in the Richmond, VA Area, who effectively work well with investors and are competent with Real Estate Contracts (i.e Subject To, Mortgage Assignments, etc). Than...
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how does contributing to a traditional IRA affect an application for a mortgage? Since the contribution lowers Adjusted Gross Income, does it reduce the "income" that would be counted towards paying down a mortgage...