I'm not a professional landlord but we have a condo in LA that we rented out b/c we moved states due to a job. We've rented for 3 years with zero issues. 7 months ago we rented to a girl named Sandi and another girl n...
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Hey guys, The banks are telling me that they can not loan to me for a personal home because of my Debt to Income is to high for their underwriting. I have been working to build my rental portfolio for the last few yea...
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First time vetting hard money lenders for a flip I have under contract but not closed yet. One potential lender has attractive terms (8%, 2 points, 100% financed, no prepay penalty), but on the phone he has very spott...
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I’ve seen a few disturbing posts recently, mostly on social media, but a few here on BP as well, where the posters are reacting almost with glee that we may finally be heading toward a dip in real estate so they can c...
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I have a rental property that has a market value of $1.5M and $300K mortgage on it... The 10 year ARM is coming to maturity around 7/17, but I can't find a lender that still does that type of loan anymore (TIC for ren...
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Hi BP Community,I notice this question has been asked a couple of times before with no response but I'm hoping since then, new members have joined BP that may have experience in this area. I have a seller who wants t...
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Hello All,Josh and I are newbies to real estate. We are absorbing as much information as possible and setting goals. We are currently in our late 30’s and have 4 school age children. Over the past year we have been ab...
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Hi folks - I'm new to BP and to REI in general and am looking for some advice as I get started. I purchased my SFR back in 2007 (what terrible timing!) in Los Angeles county and plan to continue living here for the ne...
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Asking for a friend.
What's the point of Seasoned professionals joining forums where the beginners are migrating to?
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