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Hey guys,I own my own place in NYC with a hefty mortgage payment and building maintenance/tax fees etc. I have no other debt.Currently my DTI, if I include the mortgage and the full maintenance monthly fee for my buil...
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When, if ever, do you depart from the 70% rule in making your max offer on a property?
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Hey guys, I have looked around and have been unable to find any in depth books/articles etc on how to go about structuring an owner financed property.
Can anyone point me to a good book or article about this or be wi...
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Hello,
I am not yet in a position to fully use the benefits of an LLC. However, I do plan to use one in the future.
Would it be wise to go ahead and set one up and start building business credit with a secured credi...
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I have a rental in a solid C area. A triplex. We've been marketing since mid-december. I've got a good applicant who wants to apply, but she states that neither her or the roommate have a bank account. They're young (...
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Does any bank here do this? I’ve sat down with half a dozen+ smaller banks in Louisville and not one has indicated that they could do a 30 year am in any capacity if the property was anything other than a single famil...
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Hello! We showed one of our properties to a women yesterday and her 2 kids. She really liked the place and asked if we would be willing to work with child protective services. She said that she is displaced right n...
Hi, BP fellows,
I started to venture into the flipping world this year and has been successful at my first deal in summer. Now I am doing my second. Unfortunately, I bought both of these properties under my personal ...
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Hey BP community what loans and loan programs are out there that you believe make the most sense for investor trying to get his first property ? Interested in acquiring a set up where I could live in one unit and rent...
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I recently bought a condo with the intention of converting it into a rental after a year of living in it then buy another primary and repeat the process. I used a real estate agent and told them that was my plan. Afte...