Hello and good afternoon BP, I am looking at purchasing a multifamily(2-4) for my first investment in real estate. I hope to purchase one by the end of this year as a long term hold rental unit. I am unsure about what...
Hi all! Looking for some advice...My husband and I have been in our current home for almost 4 years. We are moving out of state in January (from Louisiana to North Carolina) and will need to sell our home. We have f...
Hi All,
I'm just now starting to explore the possibility of Subject to existing financing.
Can someone please help me explain this to a listing agent?
I just got off the phone with absolutely no luck. The re...
Hi guys, I have 5 properties and I am struggling to manage them. I do have a full time job and a family but besides that, its only 5 properties. By managing I mean paying utilities when the tenant moves out, getting a...
I recently came across a new strategy that I don't quite understand and it sounds too good to be true. The principal is simple. Use your heloc to pay your mortgage and funnel all your funds in and out of it like a che...
Hey guys! I know there aren’t exactly “cheats” or just ways of going around your DTI but bare with me. I’m trying to get a pre approval but keep running into the same responses for the most part. Mostly due to my car ...
I have a mobile home in a 55+ community in a great location only 8 minutes to the beach.
It is an older mobile but that is only the frame. Being a master carpenter when we purchased the home I completely gutted it to...
It’s probably wrong for us to laugh at people who lack some knowledge - but why would anyone invest in something they don’t even have a basic understanding of? Here’s the 5 most clueless note investors I’ve run acros...
Would taking out a loan in order to finance monthly Sub-To payments be a good idea? My way of thinking was I get the house under contract, take out the loan to make the mortgage payments, and then on the resell of pro...
I have two rental properties under my personal name and the mortgage payments has my DTI at max percentage. My question is in order to use my rental income to offset some of the monthly mortgage payment debt and impro...