Hi all,I am in contract on a 2 family home in which i will live in one of the units and rent the other. I opened a single member LLC and have the contract in the LLC name with me personally guranteeing the loan, okaye...

I have been applying for new loans to buy another property but my debt to income ratio is high because of my existing mortgage on a 4plex. If my 4plex was owned by a trust or LLC would I still have this problem since ...

Long time lurker, first time poster. I bought my first primary SF in June 2020, before finding Biggerpockets. I have been DIY fixing the entire place and want to do a cash out refinance in the first quarter of the new...

Hi, I am renting out a 2 bedroom apartment for $1,200 I had two people looking at it, one person was an older mother not working with her daughter working that makes three times the rent net, but she does not have now...

Remember that if you are denying an applicant tenancy based on their background check you must provide them with an Adverse Action Letter.

This also applies if you alter the conditions given to accept tenancy, ie. d...

Howdy!My husband and I just bought our first investment property! We received our first applications for the rental, two friends in their mid-twenties. They are both living at home with their parents currently. Do...

So I've been reading up on L/O (lease-options) and I was getting pretty revved up because they sounded like a great way to purchase a home and cash flow with out having to pay so much money upfront.However when talkin...

Hello, I am new to BP and actually real estate in general.  I posted my introduction awhile ago and I have come up with several questions regarding real estate and my current situation. I would like to become a licens...

Negative Cash Flow, 2 Family - Advice & Analysis

Introduction

The following information is a bit painful to post; pride I guess; embarrassment for sure. I will be outlining the details of ...

Hey guys,Im currently renting half a duplex in Albany NY and I am considering buying a multifamily house myself. The plan is get into a multifamily house using an FHA loan, doing any renovations possible myself to cre...