Account Closed
DEAR NOAH: Is it a terrible idea to buy a condo/townhome as a primary?
Dear Noah,I had a quick question regarding the current housing market. I would like to set myself up to start investing in real estate, but currently I don’t even own a primary. I have a downpayment saved up, and I’m ...
Kelly Cynamon
Where is everyone investing these days for both STR and LTR?
Hello- I am based in Southern CA and there are limited options for getting a good deal here. Curuous where everyone is investing? cities/neighborhoods? and STR and LTR and why? I have one investment property that was ...
Lei Li
CA resident trying to decide on rental property investment location
Hi BP experts, I’m a busy professional in the Bay Area, trying to get into property investment. I don’t have time for all the house flipping or maintenance, so most likely just want to get a rental property to provide...
Account Closed
Most apartment markets are near the peak -- buyer beware
I'm just posting this as a warning for newbies. Obviously, no one can predict the future and no one knows what's going to happen next year, the year after, etc. But most apartment markets are at or near the peak in ...
Ryan Jenks
Investor in California
I grew up in an atmosphere where my family had rentals and so now at 32 I currently have a house and duplex that I rent out here in California. I think I will lean towards apartment complexes as my next purchase and ...
Paul Sanchez
BRRRR Method Using HELOC with Rising Interest Rates
Hi BP community,
I am considering using a HELOC for a 50k down payment on a four-plex. The discounted off market price is 330k with the estimated fair market value at 390k. The mortgage broker has assured me some b...
Eric Bilderback
Your opinion to risky to refi now?
I am considering trying to refi a property. The reason for this would be to buy more real estate. However I think we may be at the top of the market and I am concerned that there could be no equity in it if there is...
Dustin Palls
Found a Fannie property I want, possible"Meth Lab"
I found a great deal on a Fannie Mae property. I am concerned because both neighbors mentioned "there were lots of drugs done in there" when I visited the property. All of which is speculation, so I decided to contact...
Maryann L.
HAFA 90 day hold?
Does anyone have a clear picture how the HAFA 90 day hold will affect those of us who use transactional funding?
How can we pre-determine if a property falls under the new HAFA guidelines ahead of time?
I'm not a ...
Henry Lazerow
Rule Change! Can now do 5% Home Possible if already own property
Great news for all my house hackers out there! Starting 10/29/18 the new rules take effect where you can do home possible conventional 5% down on 2-4 units while already owning other property. Previously this program ...