Can someone give this newbie a quick and dirty idea of what lenders look for when I go to qualify for a loan for an investment property? Do I need to have a specific property selected before going to a lender?
I've ...
Hello I'm new to this forum & I really want to get into real estate I have been doing my research but a few things are a lil bit confusing. Two of them are what is the difference between a Lien & a foreclosure?
Hello,I'm just starting out in rental property investing (this last year) and I had a previous tenant email and request a print out of her rent paid?? Do you normally provide this to your tenants for tax season? (I'm ...
Hello all,I have a very wired yet interesting question. If I were to except an upfront payment of $300,000 for signing a 10 year contract, what would be the benifets for the people giving me the payment be (if any)? C...
Hello BP fam. I have analyzed a deal from the front, back, north and south and the numbers make total sense. Now in your Professional and Experienced opinion, how does one go about getting this deal funded? Im only l...
Just poking around learning what I can.
Hello BP Mates,In literally every proforma I look at for buy\hold or turnkey investment properties from companies that market a "hand hold" approach for investors, closing costs are estimated to be $2,000-3,000. Howev...
I have a few questions about borrowing money to buy income producing real estate.
I just bought my first house (owner occupied). When I bought my house they take your debt to income/credit score etc to see if you qua...
Is it legal for instead of my company paying me a bonus to instead take what they would have paid me and pay off my mortgage debt? Is this technically taxable or does this avoid the income tax?
Long term I want to be an investor, but i dont know anything and i need to start from somewhere. So with working from home, i had a little extra time and passed my real estate exam. (Applying license will be next step...