We're buying up a few acres throughout Michigan, based on location and potential future developments.Someone said that if we buy a lot and break it up into 5 potential new build homes, that would then be considered a ...
Hey folks,Quick questions for you. I have enough cash in the bank to purchase a small 2bd, 1ba SFR (already cash flowing/w tenant) outright. My question is, should I make a cash purchase so I can own it free and clea...
We have potential renters who want to lease to own. They can afford the monthly payments but don't have the downpayment for the house saved yet- they have a plan to do so in the next year.We offered to allow them to r...
I just recently joined BP and started listening to the podcasts and have been reading BP blogs and forum discussions, learning a lot.Before I joined and the reason I joined was I was thinking of investing, well buying...
What is your opinion on buying a vacation home as your first property? I would like to eventually buy a fourplex with an FHA loan and house hack however, I am playing with the idea of buying a single family home as a ...
When I first started looking for rental property I had spoken with several different real estate agents. I was then told get one agent. What I am asking is it normal for an investor to use multiple real estate agents ...
Is there any negatives to taking equity out of a property to purscase a new one?
Do you need a preapproval letter to refinance a rental property? If I buy a property with Hard Money, then want to refinance with a Bank. Do I need to be preapproved, is there a chance I will be denied and stuck?
Will banks consider your intent to house hack and factor that into your eligibility for a loan? I want to buy my first house by the end of 2022 and I’m wondering if telling them about my intention to house hack it wil...
The chances of startups succeeding may be a bit less than investing in a company that has a proven track record but has anyone invested in a startup tech company or any kind of startup at all? Sorry, can't really dele...