6 months ago we got our 1st refi cash out against our home to purchase a rental property, plus a mortgage on that property. Costing us over $10,000 in broker/underwriter fees for the 2 loans. Our mortgage broker conta...
Looking to cash out refinance out of my hard money loan. House is only season at 3months please help
I recently found a property I was interested in and upon further research revealed it was under contract until 30 Nov 2017 (per listing agent) The property could not be shown until that contract expired. On 1 Dec, th...
Hi I’m new here. I own a rental property that we built less than 5 years ago. We’ve had two tenants. Before the first tenant I took photos of the home which was still in pristine condition for move in and move out. I ...
Good day all,It took me awhile to post here, sorry about that. I'm currently in the military and stationed overseas. I'm not sure where I'm going next so I didn't want to put down a location in the subject. I'm just s...
Thinking of doing my 1st lease option. What I like about this strategy is that the tenant/buyer takes care of the property. I do not have to worry about clogged toilets, but what about big repairs? if the furnace die...
Hello, my wife and I are looking into investing in the Buffalo market. We have 30k set aside for a down payment and are ideally looking for a turnkey rental. What is best advice you have ?
Would like to get some opinions. Prospective tenants looked at my rental. Put in an application and indicated they wanted to move in on the 12th. Have 5.2x the rent. They have bad credit, haven't given previous landlo...
Hi BP fam. I'm a newbie investor and recently closed on my first investment property and it was a SubTo creative financing deal. I have a few concerns re: insurance and hoping you all can give me some guidance here.Ti...
Hello Everyone,I am in the process of purchasing my first home. The home is a duplex with both sides rented to section 8 tenants that have been there for 2+ years. To be in compliance with the loan, and to get out of ...