Adrian Birchler
How to be a private lender
Hello All,Recently I have been warming up to the idea of becoming a private lender. However, I've noticed there isn't a ton of actionable content out there on the internet, or at least any that I can find. If anyone h...
Lyman DeAnn-Gaines II
Question about first time loan for a first time homeowner.
Hello everyone, I'm your typical newby slowly getting overwhelmed after finding more and more options. I live in the Chicago area, and for my first property I would rather not move out of the city. As I expected, ...
Paul Bowers
Split profit or pay interest, how to structure a partnership
I have a friend who has some available cash. He is aware I have been starting my journey with real estate and has expressed some interest in possibly partnering on a deal. He has two young children, full time job, e...
Emiel Barbosa
Anyway around the 1 year FHA requirement ?
Hello everyone,So I am aware that you have to owner occupy for a year for the FHA loan, but I was wondering if there are any ways around that requirement? Is it possible to occupy for less time than that?Thanks in adv...
Devan Johnson
Need advice: how can I finance my carriage house?
BP experts help me out!Situation: I own a home in a pretty prime spot here in Colorado that is zoned for two residences. (Super rare and super lucky)My plan is to build a carriage house above garage 600 sq ft, 1 bed/1...
Charles Player
Income for rental property?
I have a question for you guys. I have a rental that the mortgage is $727. I rent it out for $930, thus producing a $203 profit each month so to say. When I state my income on anything from applications for loans to w...
Tracy Humphreys
100% financing
Someone I know is looking to purchase a 3 family for 100% financing...no doc, is this possible? Eith all the mortgage regulations going on, I don't think so.
Also, this person said the the purpose for them purchasin...
John Chace
How do you decide when to refinance?
I bought my first house (owner occupied 3 family) last year and starting to wonder if I should refinance it since I bought it using an FHA loan with 3 percent down-payment. Per Zillow it is estimated to be worth an ad...
Ryan Johnson
How to leverage a home in VA to buy a house in MO
I want to use an HE loan or HELOC to finance my first property. I cannot afford a cash down payment. I do have several hundred thousand dollars in equity on my primary residence. I live in Virginia, but want to invest...
Courtney Brown
VETERANS!!!! WHERE SHOULD WE START???
Good Morning BP, As a veteran, my goals this year is to obtain at least 2 multi family homes. I have access to the VA Loan and I have an investor. I have the time to oversee rehab. I am also willing t...