Michael Bettencourt
Wells Fargo "remodel loan"
Has anyone dealt with a low down renovation loan offered by a finicial institution other than fha 203k? I have a mortgage broker from Wells Fargo recommending their 3% down renovation loan over the 203k. I can't find ...
Carlos Silva
Is this a dumb move?
Due to higher interest rates, what are your thoughts on buying a new primary residence rather than purchasing a new rental property with a higher interest rate? I've thinking about renting out my current home and pur...
Christopher Brown
Build to Suit Question
I have an opportunity to invest in a buy-and-hold project with a contractor whose work and track record I know well. I'm closing on the sale of one of my investment properties and I'm trying to figure out if there's ...
Denise Mayo-Walley
Cash purchase using LOC, what exit strategy?
Hello BPers,I currently have one buy and and hold investment property and I am eager to acquire a 2nd. I met my Realtor today and saw a property that fits my criteria but is also in great shape and therefore can be li...
Esha Chennubhotla
Starting out, finding a strategy
Hi there,I am a complete newbie to real estate investing but really want to rip the band aid off this year and get my first property. I currently live in Los Angeles, CA so purchasing a property with good cash flow do...
Martha Daisley
When buying a property keep tenants or get higher market rent?
Hello!
Theres a duplex im considering buying(both sides) thats in pretty good condition but looks like it needs some cosmetic work and general cleanup(maybe 10k reno) . My dilemma is how I would deal with the tenants...
Brandy Carrero
Real estate partnership advice
Hi All, My partner and I recently purchased a home, acquisition was 130k after closing. He put about 90k into the home in renovations. It gets a little tricky because my partner is also my boyfriend. He was expecting ...
Rick Howell
Property Investing for the Long-Term: Rental Properties
Many investors, especially new ones, tend to focus on property rehab so they can sell and move on quickly. They tend to be wary of the “buy and hold” facet of the industry, where rehabbed properties are leased to rent...
Anthony Jones
DSCR Loan for a first time home owner
Hello everyone,Currently as a recent graduate I do not have the W2 history to use conventional loans so my main focus has been DSCR loans. I have the bank statements and reserves part of the loan process secured. My q...
Manik Sewak
Scenario: You have a million bucks and looking for a Multi Family
Lets say you have a million bucks and looking for a Multi Family to invest in. Where do you start? Do you consider many cities and look for the best purchase, or focus on specific area that you know well and settle fo...