Benjamin Cohen
Networking as a Newbie
Hi Everyone! My name is Benjamin Cohen and I'm new here on BP, so yeah, I'm a newbie...
I'm 22 years old and graduating from college in December; however, I've been obsessed with Multifamily, cash-flowing properties...
David Hisaw
First Deal Under Contract
I have my first deal under contract! It's a fix n flip property that has been vacant for 30 years. It's currently a 4 plex, however the zoning in the area has been re-zoned single family and since it has been vacant i...
Todd Ashley
Financing for a small Buffalo Multi-Family
Howdy! My good friend/business partner and I are finally done being victims of "paralysis by analysis". We plan to partner together to purchase a small multi-family in Buffalo, NY. He would be an occupying borrower an...
Art Maydan
Security Deposit Amounts? Last Month's Rent?
I'm getting ready to rent my first unit in the duplex I just bought. I can't decide what to charge for the security deposit and whether or not to ask for the last month's rent up front. I don't want to scare people aw...
Sang Nguyen
house hacking + mortgage requirements
Hey gang!I'm curious if someone can shed some light for me. I recently talked to a lender (Wells Fargo) and told them that I was looking to buy a multifamily, live in 1 unit, and rent out the others. They told me that...
David Marr
David889 from the middle of the mitten (Michigan)
Hello,
My name is David and I have been in the AEC (Architecture, engineering, construction) for over 20 years. I've been designing and building other people's dream investments for most of that time. I specialize in...
Christina Dunn
Can landlords do periodic background checks on long term tenants?
This question is solely out of curiosity. Let's say I have a tenant for many years who is suddenly being inconsistent with rent payments, or an adult member of the household becomes suspicious, e.g., complaints are re...
Jonny C.
Loan Inquiry for People with Unstable Income
Hey everybody!I'm a long-time lurker and voracious reader/listener to BP. Long story short, I left a secure hospital job to be a Realtor about a year ago. It has been a challenging but rewarding year. I don't think I ...
Gary Fischer
What's the 6 months deal on refi?
What's the deal to refinance within 6 months referring to? Is that if you want to do cash out on investment property and you fall in that 5-10 mortgage range? Currently have 6 mortgages and it looks to me like a line ...
Bryan Patterson
Some financing advice
I was wondering if the BP community can help me understand or advice me to how I would be able to refinance a house if I have no job? It's hypothetical. I'm employed now for 8yrs and I just started my paint business. ...