What is PMI?     PMI, or private mortgage insurance, is a lender's protection in the event that you default on your primary mortgage leading to foreclosu...

Hi all! I recently landed and closed on my first deal after a year of listening to BP and preparing to take the plunge. I was actually still a few months early based on my plan but I was offered a deal and found a way...

Is it ever okay to pay full market or over for a Single Family Home, if you never intend to sell it? For instance, you can finish the basement and rent it out as a separate unit because it has a separate entrance alre...

My partner and I are new REI's since 2018 who have employed the principles of the BRRRR method commanding 5 doors valued about $750k plus one door with projected ARV of about $250k by '23Q1 and one other door bought i...

Hi-- question for the lending community.  Do fixed (15 or 30 year) mortgages exist for non-warrantable condos (>50% non-owner occupied).  I currently have a 7-year ARM on a nice 1-bedroom condo in a great, apprecia...

I've been in touch with a lender for a DSCR cash out throughout the rehab process on a purchase through an LLC.We are now ready to move forward, but the terms have now changed.Before proceeding, I wanted to check in o...

Hey everyone, question for the group. I currently have two rental properties I want to figure out how to leverage so I can start growing my real estate profile. I do not want to leverage a HELOC on my primary residenc...

Hi everyone, I'm currently looking at a ~1100 sqft 2 bed 1 bath townhouse with a finished basement in a B-class neighborhood.  I've been to see the house twice and it does not need a lot of work. It's basically move-i...

Here's a question that I know is without a hard answer because it is location specific, but I'd like to hear what people think.  We currently manage 17 doors.  They range from SFR to a 5plex, and I'd like to say they ...

Considering investing in a 5-plex. Planning on living in one unit for a while. I hear rumor of how taxes and other things change from 1-4-plexes to 5 and above-plexes. True? Could anybody point me in a direction of info?