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Hi,If I were to invest in a fixer-upper, say a budget of $150k to buy and fix. How soon would I be able to refinance the property post renovations? the BRRRR strategy advises to refinance after 12 months, but can you ...
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Hello everyone,My wife and I have identified a few states where we would like to begin our real estate investing careers. We are from Washington State but we weren't too keen on any market near us. However, we would l...
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I own a home that used to be my primary residence, but when I moved I rented it out. I have years of payment history and long term renters... But my income isn't great especially in light of some medical bills I'm wor...
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Can I get 30 year fixed on multiple 4 plexes?
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Hey BP,I'm looking to refi but my DTI is very low. I do not have the same job I had before. I have a free and clear duplex and cash reserves. I've been trying to figure things out and I don't want to have to search fo...
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I want to implement the BRRR strategy, but before doing so I had a question because this would be my first time possibly doing it. If I would pay for a property and rehab in cash, how long does it typically take to pu...
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Hi – This is a stretch but I’m throwing this out there in hopes that someone can provide some advice or suggest methods I maybe over looking not thinking of.Up front I know very little about commercial financing other...
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Hi everyone!
I am planning to buy a multi family property in Reno, NV and i am curious to know if lender will count rent income from the property.
I am planning to occupy one of the units and i am hoping that inco...
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Hey BP, I have been aquiring rental properties over the last few years while also house hacking and my lender says my DTI is getting pretty high and having a tough time qualifying for loans. I do not wish to live in a...
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I wasn’t 100% sure which forum to post this question in so I figured I’d give this one a try. I’m currently interested in a property that I found in my area but I’m not sure what loan I would need in order to finance ...