Joshua Swimm
El Paso, Texas, House Hack
Hello BP people! I am moving to El Paso in about 6 months and I am looking to house hack so I don't just burn money on rent. I am very unfimiliar with the area so information on the area would be greatly appreciated! ...
Lou Ruggieri
Is it possible to not put 20% down for investment props in nj?
So I live in nj and as you probably know RE prices here are steep. I have a bit of money saved up, but obviously sinking 20% of that on each house will hurt a lot more than say 10% down. I talked to a loan officer t...
Will Stewart
Appraisal and loan value?
I am new to this but can someone explain how the appraisal is reflected in loan value on a rental property that is being purchased? What is a good ratio? Thank you.
Jimmy Klein
Any banks that allow seller financing as equity?
I have a question. I been negotiating with the owner of a commercial property. It cash flows very well and the owner wants to sell due to his age. I was going to use my own equity, but then he wanted a higher price. S...
Shiloh Lundahl
Joyous June in Arizona
Progress keeps pushing forward in the month of June, 2017. This month we closed on the purchase of 4 properties, got 2 of our properties under contract for sale, did 1 lease option, and held 1 meet up group advertise...
John Turner
Stuck in my owner-occupied refi?
Hi BP,My wife and I recently finished up a refi on our primary home that we’ve lived in for a few years. An opportunity presented itself to move out of our home into my late grandmothers home and convert our house int...
Amit G.
Subject To questions
I am a newbie doing my first BRRRR right now. But there is another property that I am looking at with following details - Selling price: 119,000 (listed on MLS for over 30 days and no offers)Mortgage: I believe around...
Allen Lopez
Tenant might renew, I might get a PM. How long to wait?
So I have a rental property that i have rented to a family for the last two years for $1650/month. Great family, keep the place super clean. Their contract ends in feb 2019. The rent was increased in st augustine to n...
Justin Dixon
What is the best property management software for starters?!
I am now at 2 units that both are rented and cash flow well. Now I want to start using some property management software just to keep my rental business, a actually business. I don't use any of the cash flow from my p...
Jason Na
If I can't househack, what would be my next best option as a first time investor?
My family of 3 have recently moved to Atlanta area from SC. I started looking for my first property investment and can't believe the amount of information I'm getting in here!I purchased a SFH for our own family here ...