Christian Kama
Obtaining a mortgage with a small income
What are some mortgage loans that I could potentially qualify for with a small income? So i have an awesome lender helping me out but I was told I could only potentially get approved for mid $200,000! My income of $30...
Ajay Kumar
Is a BRRRR mentorship worth it?
Trying to find my first BRRRR for almost 5 months now. There are 'OK' deals in the market but the borrowing cost now is so high, I am kinda scared because of the contractor stories I keep hearing. Every 10 stories I h...
John Barnes
Loan with low Income but lots of Assets
Hi Everyone,I'm trying to assist someone in obtaining a loan. The person in question:Owns primary residence (300K)Has +-300K in equitiesIncome of $35,000They took out a HELOC and used those funds to buy a 4plex for $1...
Manda Gouvion
Legalities of investing.. Is it as confusing/scary as it seems?
I've wanted to get into real estate for years. However my actual research of the nitty gritty details of investing have just begun. Finally the stars (or should I say $) are aligning and it's now a real option for my ...
Sergey Pshenichkin
Advice for a renter with low income and 2 kids?
Hey BP folks! I'm a longtime fan, first time poster. I actually just bought my first home last year in Montgomery County, Maryland (a condo with a low condo fee using an FHA loan, not a super great deal but very reaso...
Amir Zi
Advice for multi-family investing in Seattle WA
Hello BP!
This is Amir. I just joined the forum, and relatively new to RE investing. I am an architect in my mid 30s, and would like to get more involved in RE in Seattle WA.
I feel like there is lots of wisdom fro...
Sonny Sach
Investing in Homes - Not worth it per Robert Shiller?
Hello all,I was just reading an article in the NYTIMES from Robert Shiller:http://www.nytimes.com/2016/06/12/upshot/the-overi...where he states:"Historically, however, investing in homes just hasn’t rewarded most home...
Brady Lamprecht
New Investor From Northern Colorado
Just wanted to introduce myself as well as ask a few generalized questions, so here we go.As a network engineer by trade, I'm fed-up with the day-to-day 9-to-5 churn all while not truly enjoying the life in the proces...
Keong Kam
House Hacking in Bay Area @>$1M!!!!
Hello BP!I live in bay area and I am looking to see if I can house hack on a quad-plex. I am mainly looking in San Jose, Santa Clara area, and I know I know... super expensive, but worth looking right?I don't think at...
Account Closed
California proposed giving tenants 10 years to pay their rent
No, I didn't make this up. In fact, you CAN"T make this up. It makes my head hurt just to think about it.I thought Seattle's 6 months with no rent payments was insane. This makes me really glad I've cleared out of bot...