Evening BP, I'm transitioning out of the military in a year. Curious how difficult it will be (or not) to continue buying properties using the BRRR method when I leave my full time job. I have built up enough cash ove...
Hi there fellow Househackers,
I've been getting contacted by mortgage lenders left and right offering me to refinance down to a lower rate with them. When it comes to qualifying for a loan like verifying your income,...
Hi All,I'm looking for some advice on a property management software. I currently have 5 properties; 7 units. (1 office building, 2 duplexes, and 2 single family homes) I am currently pulling a line of credit out of m...
Happy Friday everyone.Excited to keep learning and meeting new people through these forums and I dive into REI. For the hard money lenders out there, i'd love to network and understand your vetting process when invest...
Hello BP,
Yesterday 1/12/12, I got a 6plex under contract in southern California. Four 2bd+1 and Two 1+1. Owner is financing with me putting 30% down. Building is currently fully occupied. What documentation should I...
Hi, I would like to know how do you guys keep your debt to income ratio low to continue purchasing homes with mortgages? I don't have any debt, i have a decent credit score, 2 businesses and a full time job. What do i...
Alright trusted and respected BP family... I apologize in advance for the length of this. I just realized exactly how long it is. Much appreciation for anyone who actually reads this mini-novel and has advice to of...
Would/ Can you form an LLC before you buy a property. I was told that most banks wont loan to an LLC real estate if you dont have a lot of business history with the banks. What my mentor said was once I bought a prope...
My friend and I are starting our real estate journey together as partners. We know we want to create an llc but is it difficult to secure a loan? What are our options and what should we expect if we structure our llc ...
We are currently looking to rent out our single family home starting in June. We had several people come and look at the house and are very interested. I told everyone I was doing first come first serve (if they quali...