Victor Hernandez
House Hack / Live in Reno
Investment Info:
Small multi-family (2-4 units) other investment.
Purchase price: $224,900
Cash invested: $15,000
House Hack / live in renovation. One side is producing significant rent while on the ...
Jelani Fearon
Short on money for FHA Downpayment
Peace to the forum. So my partner and I recently got pre-approved for 224k from a direct lender and he suggested that we get an FHA and put around 7k down on a property. The problem is we’re short on the money. I aske...
Annushka Alicea
Advice for obtaining a HELOC
Hi Everyone. I am looking for some advice on how to obtain a Heloc on my primary single family home. My morgage was in forbearance but I have paid off and brought it current. My credit score is 600-605 range but I am ...
Jordan Johnson
Trouble with down payment and closing costs
My fiancé and I are buying our first house that will be our primary residence for a couple years then we will rent it. We negotiated with the seller and got the price where we needed it and we have been super excited....
Account Closed
College Student Looking to Start Early!
Hello BP community! I am a student attending The University of Georgia. I'm going to graduate next May with a degree in Real Estate and I have nowhere to live come August. I'm looking to buy a property and rent it out...
Amy Gullotta
Looking to reduce tax burden for 401k withdrawal for investing
I am seeking tax advice on what my best option is for the investment property I purchased. In January of 2017 I took out my entire 401k in order to start real estate investing. I was no longer with the company, and no...
Gustavo Mejia
Help with earnest money
can anyone point me to the right direction on how to obtain downpayment for the escrow. i got a lender but need put upfront downpayment least 5-10k
Brian Cazana
Buying cash from parents HELOC
If my parents were to get a HELOC and gift me the money for me to buy an investment property outright cash would there be any taxation issues? Would there need to be proof of income? What are possible pitfalls of this...
Shawn Mcadam
advice on a mobile home stragedy
so I have this mobile home deal that I'm getting for 12,000. It is split into 4 rooms 2 finished and 2 unfinished. I am borrowing 5,000 and paying 1,000 a month until I pay of. I plan on renting out all 4 rooms 150 a ...
Charles Smith
House hack for grandma
Hello,First time posting on the BP forums. First off Thank you all for your insight and knowledge! I’ve been doing research for the past few months. Im going to take the house hack route. I thought of an interesting p...