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I've been wanting to apply the BRRRR strategy for STR's for a a few weeks now. Well today I found the perfect place. That perfect place is seller financed only. The cash flow, equity and appreciation are all there but...
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1. Confirm (or request) that a Debt Service Company is used - not just a promissory note for the upfront financing/funding. - but a service provider that acts as an alternative for all the things you'd normally...
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Hey BP,This is my official first post on the forums. I have run into a bit of a great problem on getting our first rental property in Fresno, CA. I have run into a deal that seems to meet the 1 percent rule, annual RO...
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I have a fha loan now for my primary residence. I want get a conventional loan to start my investing on my first property. Will having this loan impact me negatively in any way trying to get a new loan? More down pay...
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A future partner and dear friend wants to house hack a triplex as his first home. He wants my involvement as a co-borrower and I think this would be a great opportunity to get involved on a deal at a very low entry co...
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Hi BP nation,I'm trying to buy my 3rd property but don't want to pay the 20% downpayment. I figured I would just move from my current place and rent it out, while moving into the new place, thus taking advantage of th...
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Hello BP members. I am currently in the beginning phase of getting a direct mail campaign going targeted at 2-4 unit properties in my area. My goal is to find a property that my family (myself, wife, and two babies) c...
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Hi everyone, I don't have much experiences in borrowing money and would like to ask for advices. Here is my sum up situation:
I bought my 1st rental property in Oct 2008. Currently I own 5 rental properties + my Home...
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Guys and gals, sometimes I get a belly full of hearing the same old conventional wisdom over and over. Today I'm going to tackle this one: "Buy only in the top tourist areas." Are we more worried about investing s...