Simmie Douglas
Buying owner financed house with SD-IRA
I recently opened a self directed IRA and have planned to buy real estate with financing from institutions that specialize in IRA financing. I have found a property that the owner wants to finance $87,500 sales price ...
John Thedford
The Future of SW FL Real Estate As An Investment
I just attended a program for the agents with NextHome Advisors on Friday. We had several speakers including speakers from other parts of FL. One is a well known expert who expressed their view that our market, in the...
Cade Ruthardt
Getting an FHA Loan for a Multifamily Property
Hey BP! My name is Cade Ruthardt and I'm fairly new to the community, so far I love it! I had a few questions about qualifying for an FHA loan. My plan is to do a little house hacking and get an FHA loan for a duplex,...
Mark Forcum
Looking for feedback
I have a property that I am working on but wanted some feedback from the pros! This is a triplex in a medium sized community on the edge of their downtown by a junkyard and jail.Purchase price: $135,000Rents: $1,800Te...
Mando Tellez
Buying first house hack
Looking to buy my first house hack. Interested in multifamily what advice would yall give for a first time home buyer?
Mike Schorah
Less Cash if Refinance BRRRR Before 6 months with HML or CU?
Will you get less cash if you refinance a BRRRR before 6 months with hard money or a credit union?On BP podcast episode 567, David Greene said that you can do a cash out refinance on a BRRRR before 6 months by using h...
Sydnie E.
Foreclosure process for new buyers
Hello All,
I'm looking into acquiring a foreclosure property for flipping. How does this process work and what things should I look out for? Are there hidden cost that are associated with purchasing foreclosure prop...
Zach Wain
Fannie Mae update to Rentals and Second homes
Last night we were notified that Fannie Mae is making some changes to their Rental property and Second home purchases. This morning we are getting more clarity. There is not going to a standard LLPA (price hit) in a...
Remi Oguntoye
Short Sale Process Questions
Hey Folks,I am a new wholesaler with a lead on a condo in Lithonia, Georgia. I have a few questions for the group, but I will give a little background first.The condo is in fair condition in an area that doesn't have ...
Jude Cineas
Getting Pre-approved for a Home loan
Getting pre-approved for a mortgage is an important step in the home-buying process, as it gives you an idea of how much you can afford to spend on a home and can help you stand out in a competitive market.Here's how ...