Kate Lee
question re new 5% down fannie mae law on multiplex, passed in 2023
Hi - I'm trying to househack in Texas Dallas with the new fannie mae law that was recently passed in Nov 2023. New law offers higher limits on loan amount and more lenient DSCR at a low 5% down.Does anyone know of a ...
Brandon Toron
How to get the most cash out of my property?
Hello Everyone and Happy New Year!I currently have a property that I own outright through an LLC in Overland Park, Kansas. I’m looking for a cash out refi for higher than 80% LTV due to the expenses that I’ve already ...
Biraj Patel
Starting in Real Estate with $500k
Some background: My dad recently passed away leaving my mom with a $500k life insurance check. Live in Dallas, TX and Mom is a real estate agent (although not very connected/active) so has access to MLS. We have enoug...
Olga Daisel
Advice on investment type
Folks,I am a mother of 2 small kids, 3 and 5. My 5 year old started Elementary in our neighborhood. The school is very good, but middle is not so much.I have some cash to invest, but can't decide what route to take. I...
Melissa Kirchhoff
Airbnb Occupancy Rate?
I'm trying to work some numbers on a potential purchase. Now I realize this will be very specific to the location/property/price/marketing/etc but what would be an occupancy number you'd put on an Airbnb type rental? ...
Account Closed
Is A College Degree Worthless These Days???
So many people are graduating college every year with tens of thousands of dollars of debt. Many of these graduates are having a hard time finding jobs that pay 50K+. It doesn't make sense to me to "invest" all of thi...
Ty Doke
Financial Advisor says: Real Estate is a terrible decision
I am under contract on a property. My partner is providing the capital for down payment, and renovations. Partners capital is currently in mutual funds with a Financial Advisor Firm. We met with his advisor about 6...
Taylor White
Should I sell my rent house and put the money in the s&p500?
I'm trying to work through some investing thoughts and would love to hear other people’s thoughts/opinions!Theoretically, right now, I could sell one of my rent houses and not have to pay capital gains on it (because ...
Chris Wilkening
Dave Ramsey says RE should be 5% of portfolio
I think most of BP would disagree with Ramsey's advice about real estate and debt, but there is one bullet here that states "Real estate should only be about 5% of your portfolio." I understand (but don't agree with) ...
Joseph S.
Investors totally unrealistic and crazy low ball offers
I put a Condominium Triplex for sale to investors only. I did all the needed analysis for a fix and flip type investors. My price = After Repair value (based on detailed comps analysis)- Detailed & accurate Renova...