Paul D.
Mortgage Question, moving from duplex to single family
Hello everyone, here is my situation.I currently live in 1 unit of a 2 family home that I own. I also own a single family home and a condo that both have a good rental history.I want to buy a single family home to mo...
Eric Long
Legal Definition of a Bedroom in Indiana
I am looking at a duplex with a 1/1 on the main floor and 3/1 on the top floor. When I was on the top floor I notice one room only had a space heater for heat, which I thought did not qualify as a heat source. Another...
Aaron Lesher
Strategies to help find off-market deals? (Private lender)
Hi all,First post. Apologies in advance for any BP forum faux pas I may inadvertently commit.I am new to real estate investing and my goal is to invest in my first property in 2019. To that aim I networked with a loca...
Nate Y.
Newbie considering an idea from left field - Atlanta area
Ok, new to BP and RE in general, so be gentle!I currently have about 20k equity in my house and would like to get into rental properties. I generally like the idea of 4-plexes, but would have trouble in the near term ...
Sarah Hansen
Getting loans for rentals using income from airbnbs
Im buying a home in Texas as a person place and then planning to start buying properties. I’ve got another post on business plans so thank you all for that! I’ll respond soon!! But another question, getting loans with...
Allen B.
How to figure net worth for lender?
For at least some types of commercial lending, loan balance is capped at the net worth of the buyer(s). I've looked but so far, not been able to find guidelines for how that is calculated. In particular, would a prima...
Robert Pahel
Buying a second home with Low down Payment
My wife and I have been looking into buying a new home, and I want to keep our existing home as a rental. The home has a detached garage separately metered with a large 900 sq ft apartment above. My mortgage is low en...
Griffin Myers
Lender Pre-Approval Question
I was recently pre-approved for a mortgage - after listening to Ep. 252, the guest mentioned that once you have one lender pull your credit report, you can talk to other lenders who are then able to see the same repor...
David Nacco
Calculating your net worth
This is a stupid question but do you count things like cars, jewelry, watches, etc. towards net worth
Wendy BK
Rent (24% return) or sell ( 75% gain )?
Hi,
I recently purchased a investment property and originally planned to rent out, which is why I used a mortgage instead of cash. If i sell it, I may make about 20k (rate of return is about 75%). And I can...