Jonathan Taylor
Send me your financing questions
We are in some unsettling times and many of you have questions about financing options available for investors. Others have questions about the lingo/structure of RE financing. Opening up this forum to send me all you...
KIran K.
Worst FIRST FLIP: LOST OVER 100k
Investment Info:
Single-family residence fix & flip investment in Sacramento.
Purchase price: $350,000
Cash invested: $50,000
Sale price: $415,000
It was the worst first flip because we hi...
Alicia Marks
AMA Night: Avery Carl of "Short-Term Rental, Long-Term Wealth"
Have questions about buying a short-term rental? Join us Wednesday, November 17th from 6-8 CST in the forums for an “Ask Me Anything” with Avery Carl.
You won’t want to miss the insights and tips from the author of “...
Kameron Patterson
Should I trade in my car to improve DTI if I am a Realtor?
Looking to trade in my $30k car to improve my debt to income. However, I will definitely take a loss on it as I just purchased it 2 months ago. I recently became set on being a real estate investor and have had buyers...
Phil Mcnally
$400k, 1 to 4 unit property with 1% rule. Anywhere?
Hi AllConventional loans for residential property cover single family, duplex, triplex or fourplex. If I want to maximise each available loan without going into jumbo loan territory ($424k limit) it would be ideal to ...
Casey Wohl
Based on the current economy, what would you do?
Based on the current economy with rising taxes and a slow exodus, what would your investment strategy be and why? Is it still a good opportunity for rentals or should we be looking to get in and get out (flips) as fas...
Aaron Hoyle
DTI for 30 year mortgages on investment properties.
I've seen a lot of discussion around this, but most of the info was from 5+ years ago and the answers were all over the board so I hope someone can guide me in the right direction (a referral to a lender licensed in L...
Paul Spangler
Can someone confirm the 85% gross rent rule for FHA loans?
I was told by my mortgage broker that in order for a property to qualify for an FHA loan, 85% of the gross market rent for all units in a 2/3/4-plex must be more than the PITI, otherwise they won't approve the loan. ...
Henry Bass
Cash purchase then refinance
If I make a cash purchase, is there a time limit before I can refinance to get my cash back?
BRIAN CUBERO
First step to Financial Freedom!
Hello BP world!
First time investor here and excited to take the first step towards financial freedom! My name is Brian & I’m currently looking to buy my first property.
My deadline for this goal is June 1st o...