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Hello everyone,Currently looking at a house that is tenant occupied, tenant is month-to-month. Seller states the tenant has been great. What should I look for? If I purchase property, do I keep tenant or vacate and re...
Hey BP I need some advice from others and just share my ideas and maybe someone can suggest which direction I should go. I've been investing in the stock market since 2011, I love it I'm a value investor just like War...
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Hey y'all. I know there are a lot of other posts about MF vs SF on here but they are all slightly different. Here is my situation. I am in Portland, OR and am going to start purchasing more properties. I do have e...
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I'll start out by saying I'm not trying to debate the merits of the "50% guideline." For various reasons, that guideline will not work for me. I don't know what is included/excluded in that value, and every time it is...
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Fellow BPers,I have recently had an offer accepted (and renegotiated due to unanticipated repairs) on my first duplex in Ft Worth, TX. Below are the details:$174,250 offer accepted on a 2006 duplex (4 br/2 bath per un...
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Hey everyone. Can you write out some easy-to-understand examples of the math for paying back a hard or private lender? This is how I learn. I love to see realistic examples. What are the exact math equations for your ...
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Hi All, I have a hard money loan and I need to refinance it into a 30 year loan. I was told that I can do this into an LLC. I do not know of any lenders that do this. Is there such a thing. I would prefer to refinance...
Closing on my first house tomorrow. Took 3 months to flip it. I don't really understand the HUD numbers and feel as if im getting gauged in costs. Can someone take a look at these numbers and help me out? Im the selle...
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Hi everybody!I am doing some research on the “cost to buy a home” within a FHA loan.Besides the downpayment, we have those closing costs.As i am looking in FL with a credit score of 720/730 how much would that be?Any ...
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Hello everyone I am a new investor in need of advice. A couple of months ago I bought my first house with the FHA loan. There were some repairs required by the FHA for closing but the previous owner refused the do the...