I own two rentals in Baltimore. I’m looking to refinance both properties without using my tax return since it showed “loss” only because of deductibles and expenses from my current flips. So, I’m looking for lenders w...
If you owned a great 2-4 unit property in a well located area B/C how would I increase profit/cash-flow and decrease expenses. Through your experiences what have you done to control and stabilize both issues?.
Hi BP,How do you property managers handle renter's insurance? Do you manage the policy and charge the tenant? Do you just put in a clause for it and hope for the best after the first verification? What are my optio...
I'm curious to hear your opinions on 15 vs. 30 yr loans. Which do you prefer and why? Obviously cashflow is less on a 15 year loan in the short term, but you save so much on interest...can it be justified?
Hi everyone, newbie here looking for some advice.I'm looking at a 4 family rental property in Bound Brook NJ. The house is in the part of town that used to be a flood area, but since they've completed the "flood cont...
I am attempting to buy my first investment property but am having a hard time with attempting to use rental income without being owner-occupy. I know there is DSCR loans that base it off the cashflow or the property b...
Fannie Mae 10% down loans for second homes/STR properties are not going away April 1st just in case you heard something different.
A pic of my lake house that I used a 10% down Fannie loan to buy for emphasis.
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $242,548
Airline Crash Pad with 18 beds available for a total potential for $4225 per month.
What made you int...
Good Morning BP Community! What are your thoughts on FHA loan? Pros, Cons? What should I look for and what should I avoid?My wife and I are looking into buying a duplex to house hack. Since my wife gave up her lifesty...
A very common question that we get asked as our clients get ready to buy a home, is what is the difference between pre-qualification and pre-approval? Are they the same? Is one better that the other?
The truth is the...