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Hello all, I am newer to the BP community and recently just kicked off my journey as a real estate agent in SW Montana. I have always been interested in real estate investing and want to get into my first deal and get...
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Hi all,Feel like I have this one kind of sorted out but I just wanted to run it by some people who may know better than myself.The plan is to pull out a HELOC to help subsidize a downpayment on my next rental property...
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I recently bought a triplex (my first ever purchase) but based on the terms of my mortgage, I need to move in. One unit has a woman on disability for osteoarthritis who has been there for 10 years, the second unit is ...
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Hello everyone!
Working on a few STR deals with savvy investor sellers and we are wrapping some really low interest rates so the DOS clause concern is very much alive… We have decided to go the land trust route w/ o...
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People across the Kansas City area have reacted strongly to a picture circulating on social media of a letter demanding some residents pay rent.
A woman posted the letter her husband noticed while he delivered a me...
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Hypothetical situation:
If someone had a property worth $100k, and owed $50k on it but fell into hardship and missed payments where had could go into foreclosure and had payments in arrears but got back on there feet...
Hello, I am a prospective home buyer. I just turned 31 years old and separated from the Air Force after 8 years on active duty. This has entitled me to using a VA loan for a home, and I plan on utilizing it to it’s fu...
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Hello Everyone,Got a question concering MF 5 +. What are typical lending terms for smaller MF investments (<20 units) upon purchase. I've only dealt with a Credit Union and I'm only able to get 5 year term, 20 ye...
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I've had tenants for 3 years on a lease option of my property. They've paid 5k up front and have made all rent payments. We're to the point of exercising the option now, but the title company wants a letter from my ...
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I'm looking for financing for my first investment property. However, I don't own a home. Banks and mortgage brokers have told me that I won't qualify for a rental mortgage/investment mortgage if I don't own a home.
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