I would like to post about the title above. What brought this thread about was a recent inquiry from another BP member through PM and I thought it was worthy of posting here. We can then add to it by posting other mis...
Although one can have up to 10 conventional mortgages, how does each one affect the next in terms of DTI? For instance, if I get a mortgage on an investment property (traditional or BRRR to refi), will I likely qualif...
It seems like a simple process and a win win for investors, but does this product really exist for an investor. I spoke with a mortgage broker in AL several months ago who indicated you can't use this product for pro...
Hello my name is Juan I'm 24 located in Dallas, Tx.
I'm new to this website and to real estate business. I'm really looking for buying and leasing. Flipping is also on my mind but that all the depends on the deal.
I h...
I am interested in adding an addition onto my personal residence and am trying to determine what is the smarter financial decision for our situation.Our house currently has a good amount of equity to help fund the pro...
I have a duplex in Nixa, Missouri (near Springfield) worth $140-150k with $38k left on the loan. Looking to refi and utilize that equity for our next multi-family property.* I live in the Kansas City area - that shoul...
I am interested in purchasing then living in my first residence while also renting out either the rooms (house) or the other units (multifamily) in the Corvallis, OR area. I have been looking at my current expenses an...
Hi all,
Lately, I have been trying to do my best to learn the different tax laws and am confused on a few different things. Recently, my accountant told me that if I hold a property for over a year in a LLC that doe...
I joined BP a couple of months ago, mostly to get around to asking this question. How to approach this problem has been rattling around in my mind for about 3 months now.
I've been a small time landlord for about 28 ...
I'm having a really hard time finding a lender.I'm a non-resident alien.....no green card and no social security number.I can prove an income of well over 6 digits through bank statements for the past 2 years.I own 8 ...