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I bought my primary residence about a year ago with the plan to rent it out and buy a new primary home, however, I'm now learning that I am required to count the mortgage payment on my existing home against my income ...
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I'm an out of state investor, looking into the Omaha market. What are some expenses that I should factor in for: capital expenses, insurance, bonus taxes, ect. Any information would be much appreciated!
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Hi,I was just watching a BP webinar in which it was recommended to use the BP marketplace to find small multi-family rentals. However, all the listings I've looking at so far are 1, 2, or even 3 years old. What the he...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $108,000
Cash invested: $31,228
duplex
What made you interested in investing in this type of deal?
...
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Hey guys,
Who has rental properties at the Hurricane Ian disaster?
Insurance says will not cover rising waters. I did file claims for 2 properties but doesn't look promising from what I heard. FEMA seems not to reco...
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This duplex had railroad ties that needed to be replaced when I took it over. The question I am asking is should I leave the railroad tie in or take it out and slope the grass down to the driveway? I’m wondering about...
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FHA reduced their MIP (Mortgage Insurance Premium) to become more competitive in the market as Fannie Mae reduced their down payment to 3% for conventional mortgages. FHA requires 3.5% down payment. This is for case n...
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Hi! I just started to invest in Kansas City, and I am about to close my first property. :) The inspection period only has 3 days left, and I am a little concerned about the insurability of a house that is partially on...
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*This link comes directly from our calculators, based on information input by the member who posted.
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Hi BP Mates,My business partner, who we share our LLC (50/50) has not used her FHA loan. She does not want to use it during our investment ventures. Does this mean, I will have to remove her from the LLC in order to n...