Dwight Sands
Underwriter's Perspective for Self-Employed
I'm working on some calculations for current and projected (next year) DTI ratio to see where I need to be for financing. I'm self-employed (for 2+ years) and as I understand it a lender will use the 2 most recent tax...
Shanna Arthur
Vacation Rental in Hawaii?
Aloha,I’m currently refinancing my primary residence to fund my second investment property. (First is a long term rental). I have found a permitted vacation rental on the beach that I like, but I fear that there will ...
David Haynes
Hometown Bias: The Enemy of Successful Investment
I grew up in a small Alabama town where it was rumored, "Everyone born here stays here." The prophecy didn't prove true for me, though it did for many of my old friends. I just couldn't get used to chewing tobacco and...
Nikki Nguyen
Raw land investing
I recently came across investing in raw land by buying, flipping, and selling it. Anyone who has tried this method - do you have any advice on getting started, pros and cons, comments on if it’s a good place to start ...
Logan Allec
Foundation Issues on First Property
I am currently in escrow on a four-unit property "house hack", which will be my first real estate purchase. The property consists of three buildings: a duplex, a one-bed one-bath, and a small studio. The foundations...
Jay Mersfelder
Refinance out rates
What are the rates people are getting to refinance out on there rental properties, and how are you using? I'm wanting to refinance out on first rental but haven't found any decent rates..
Oke Tammik
How we got to today's post-COVID RE market.
What does it mean to be in the housing market post COVID?
Most of us remember where we were when it became clear that COVID-19 was truly a global issue that would affect Americans. The call for shutdowns came rapidly...
Bryan Hancock
New Taxes for 2011 – How Much is Accurate?
Someone sent me this email so I wanted to post it less as much of the political spin as I could subtract as possible to get a sense for how much of it is accurate. Here are taxes that will be coming for 2011 accordin...
Ed O.
Potential consequences of a nearly 0 day gut rehab?
Innovative? Strategy
I'm following another investor who's completed somewhere in the range of 50-100 rehabs in a major metro market.
He will do major rehab work while the homes are under contract, BUT before he clos...
Kyle Richey
BRRRR: Does a cash-out refinance increase the mortgage payment?
Hi, I'm new to real estate investing and I'm really enjoying the BP community!The BRRRR method seems like a great choice for our goals, but even after watching the BP video on cash-out refinancing I'm confused about o...