My first investment property
Learned a lot, not a home run, but it is a start.
Before I begin let me give you “the back story” on me.
My wife and I have known since we started dating 5 years ago that we wante...
Hello so I am in a situation that I am trying to figure out with rentals and loans. Right now I have 2 properties. One being a rental and the other my primary residence. The rental is my first of hopefully many and th...
I would like to partner a friend and an acquaintance that owns land we can put a fourplex on. It appears that I can get the loan to build with him (since he owns the land outright). After it is constructed I would l...
There is a property (SFH) I am looking at that has a rental property (2br apt) in the back yard sitting on top of a garage- the entire property is actually zoned as a single family dwelling, but I was told by the owne...
Hi, My wife and I are putting together funding to start investing. We have been approved for a HELOC. The appraisal for our house came in quite a bit lower than we were expecting. Therefore we will need to secure trad...
Hello everyone,
My name is Tom, and I have been crawling the bigger pockets forums and podcasts for quite some time now. I've been learning getting ready for the real estate venture I am going to start with my brot...
Hello to you all. I’m looking to purchase my first rental property in Houston, Tx or surrounding areas. I have been looking into hard money lending as conventional lending is not a option for me do to my high DTI. I f...
Hey BP,If you have the ability to put together enough capital for a 20-25% down payment without a current source of taxable income for a rent property, what options are there for financing? Thanks!
I have a paid for house that the market value is about $800K. I would like to use the equity for an investment but do not want to make payments for two years so I am thinking about a reverse mortgage for $200K to be p...
This weekend I sat through a Tony Robbins event and got to hear from his personal financial planner, Ajay Gupta. Really fascinating perspective coming from the world of dealing with UHNW (Ultra High Net Worth) individ...