Hello everyone,I recently got in touch with a mortgage broker so he could run my numbers and tell me what I could afford to purchase. He came back and told me that my debt-income ratio is already at 58% WITHOUT consid...
Dear BP community,This will be my second investment property. I have two main questions 1) financing; 2) whether to leave the home an unofficial Duplex (it has Licensed Neighborhood Commercial zoning) or convert to a ...
Hello, My name is Sergio and I am a newbie when it comes to REI. I am 29 years old and have already started reading several books on the subject. My ultimate goal is for my wife and I to retire from our 9-5 jobs asap ...
I am asking a lot of questions lately! I appreciate all advice I get. I am having one hell of a time getting financed for a rental property I am trying to buy.
The seller is just your average home owner. H...
While comparing investment opportunities an investor needs to assess risks associated and then expect a commensurate return. What would be your advice on the levels of risk-reward grading of the following Real Estate ...
Hi everybody, I'm buying a triplex in stockton, CA for cash. I'd like to do a cash out loan ASAP. My understanding is that this would not be a commercial loan but a regular non owner occupied mortgage. Non sure wh...
We have been under contract for a Four-plex but after the appraiser came out to see property he mentioned house was never zoned for multi family. It has all utilities separated, as well as entrances, etc. Now lender ...
I'm a new landlord. I have a 3 br/2 bath rental that'll go for about $900 per month. I'm wanting to know from more experienced landlords/managers do you require people to give first and last month's rent plus deposit....
When people think of buying a house or an apartment building with no money down, they are thinking of using OPM - other people's money. So they raise capital - investor capital so that the principal in the deal doesn'...
Hi everyone, I'm excited to finally be a part of the community! I'm a 26-year-old living in San Francisco and working as a software engineer. A couple months ago, I got hooked on the idea of real estate investing and ...