Michael W.
What type of mortgage would work best for me?
I'm looking into deal in Philly for a $250k triplex. I'd be jointly purchasing with one other person (we're not related), and he'll live in one of the units (I will not). He has great credit and more than enough inco...
Hunter Harms
How do I minimize the amount of days it takes me to close?
Quick question BP!When I'm offering on a property, what are the things that need to be in order so that I can give the incentive to the seller that I'll close extremely fast? I see in everything I watch, read, listen ...
Austin Wood
Old 4 Unit Now 5 Unit/Inspection Necessity
We have the opportunity to purchase a five-plex built in the 1940’s for 230k. They pull $2450/month in rent but the landlord pays water and heat. Taxes are $300/month. Two units have new windows, two units need new wi...
Norbin Cruz
HOA bylaws rental restriction already met - now what?
As I was about to lock-in a deal on a 2BR condo short-sale to only discovered, and only by luck, that I won't be able to rent the unit if I close. The bylaws have a maximum rental of 10 units which has already been me...
Mike Landry
When is this income considered earned
My wife is a newer Realtor. She earned a commission on the purchase of OUR house that closed on December 30, 2016. However because it was our house she forgot to pick the check up at closing...it was a busy day. So...
Robert Hastings
should i sell to my tenant? owner financed question
i purchased last year for 25k from a friend who had a tenant in place. great tenant. paying 650 month. tenant responsible for energy bills. im responsible for water, insurance and taxes. i clear 500 per month ass...
Ayman Elmasik
finding private lenders and private lending risk
Hello,I'm investing in Houston area doing flips (2) and buy and hold (1), I'm running out of room on my debit to income ratio to buy more properties so I was considering private lenders as a way to get out of that.Co...
Jason Short
Realtors and closing costs
Hey everyone! I am new to investing and have some questions I hope you all can help me with. First, I recently made an offer on a home that was on the MLS. Asking price was $90k. My realtor gave me a number to figure ...
Erandi Lechuga
Prep for first investment property in CO
I *finally* have though capital for a down payment on my first investment property. I plan on househacking a small multi family 2-4 units in CO. I own my current primary resident but will not be renting it out (my par...
Nick Militello
HELOC for the self employed
is there a bank/lender that allows for one year of tax returns. for a HELOC? I have $225K+ equity in my home, at least and the ability to pay off the added debt. My 2020 tax returns during covid do not reflect this bu...