Greetings!Quick question about “cash out” refinancing on properties that already have a mortgage. I submitted an offer on a BRRRR opportunity in Greensboro this afternoon only to realize afterwards that my lender woul...
First time homebuyer and new to the real estate investing world. Thanks for all your advice in advance!I am a newly graduated dentist looking to house hack in the area just west of Denver proper. I am currently lookin...
Hi everyone, I have my sights set on an 6 unit multifamily apartment building and am wondering it it makes sense to split it into two 3 unit apartment buildings. I would really like to hear everyone's opinion on this ...
Hi everyone!I am currently purchasing a single family home to occupy and eventually rent out. The main reason behind purchasing a single family was the ability to get a first time home-buyer loan for 30 years fixed.Th...
My wife and I recently relocated to North Carolina and we have an opportunity to put an offer in on our first home. FINANCIALS: Wife has been a teacher for last 3 years and already signed a new contract with her new s...
First post!
Hello fellow BP members, my name is Taylor Cu. I'm 22 years old. I graduated from Loyola Marymount University with a mechanical engineering degree in May 2017. I currently work full time as a superinte...
BP Fam,I've run into an interesting dilemma with my primary residence BRRRR/househack: The new ARV will probably be too high for my single income to qualify for DTI ratio requirements for the mortgage post-cash out/re...
I've lived in my primary home for 10+ years that has a great amount of equity and I'm considering doing a HELOC and turning my current primary home into a rental which will produce great monthly cash flow based on the...
Reaching out to the BP Community to hopefully hear from fellow Multifamily Investors on who they prefer to use for lending on their acquisitions? It's fine if you're a commercial lender and would also like to comment,...
I would like to get my first rental property. I'm not rich. The income will probably be 150 to me after paying rent and property managers. I want something new and I have tout 20% down. What is the best way to get fin...