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how to finance 2nd investment property
I own one investment property (duplex, if that matters) - It was quite an ordeal to secure the financing for it: a million questions about what other debt I have, etc. I ended up getting it because I had virtually 0 ...
Lee Stephens
Legal Questions on FHA Loans
Hi BP,
I'm an investor from Chicago looking to potentially purchase my first property using an FHA loan. If I went this route I would rent out all of the units from day one (i understand that this is only permitted a...
Gerald Turner
Self Managing Properties
Hi BP I am about to start self managing one of my units. What is some advise you can give me? For example the best types of leases, the type of software to use for screening and setting up online auto pays like COZY o...
Account Closed
commerical wholsale
is wholesaling commerical property a good idea? does anyone ever do it? is it easier?
say a 50 unit apartment
Shyam Sundar
How do you finance multiple investment properties
Hi - As I explore REI investing in couple of markets for renting out (buy and hold) on cash flow, wanted to get some ideas on financing.
I assume some of the seasoned REI veterans here buy/close cash deals but what ...
Armand P.
What are my options...
Hello BP,Need some clarity. I recently did a cash-out refi on my primary with the intent of using the funds to buy a second home with my partner and kids. We are currently renting and the original plan was to have my ...
Candace Ferrell
New to investing in Rental Properties Baltimore City
Looking for some advice or guidance. I currently own a property that I rent rooms With a cash flow of $1200 after expenses and capital expenditures each month. I want to buy a rental property in Baltimore City using t...
Conrad Legé
Airbnb - registration/licensing
Hi all,I am currently in negotiations for a 3-unit property in Chicago that I plan to live in one of units and use at least one of the units as an Airbnb to start with, while renting out the last remaining unit.I am t...
David Fleuchaus
Unique Rental Conundrum
I am about to list a property to rent that was built as building with 2 houses (each with 2 bedrooms) connected only at the roof with a drive-through arch below. This "gatehouse" was originally part of a 4-building es...
Mike Schorah
Should I get prequalified for a 30 year if my lender doe
Should I get prequalified for a 30 year mortgage AND hard money loan at the same time if my lender does both hard money loans and 30 year loans?I’ve talked to a lot of lenders that offer loans for all situations (fix ...