Hey folks - as I'm starting out and looking to make my first move in REI, I've been thinking about my decisions as if I'm playing chess - trying to think 2 or 3 moves ahead. I'm currently living in Los Angeles/Orange...
I am looking to get started with the purchase of my first investment property. I expect to start out flipping and hope to gain some rentals along the way. I keep coming across Fannie Mae Homepath properties. Can an...
Hey BP,
I'm toe deep in my first flip here in Tulsa, OK. I'm working through a 203k loan, so it requires a contractor quote for -every- detail. House is 1900sqft. Bought on a short sale for 49k in a decent neighbor...
I am looking to get into a multi-family house hack next year and originally I was looking at duplexes. I have now turned my attention to 4-plexes. I am in the south Texas area. I want to try to get in with as a lit...
Hello BP!I will be refinancing a duplex in San Diego. The loan balance is at $420k. The appraisal value in 2018 was $650k. I would like to purchase another property in San Diego with my brother-in-law. With 43% DTI, w...
I found out I have the option to go with a Conventional Loan over an FHA for my first house: Single-Family Rental (this would also be my first investment property)
I was thinking I would have to house hack for a year...
I want to buy a rental as a secondary home for 10% down financing, and lower interest rate. How long do I actually have to occupy it to meet lender requirements? I know the lender has a disclosure I have to sign sta...
WE provide an apartment-size washer and dryer in our apartments because they are on a septic and we want to control how much waste water is going into The septic tank & field. We have a not-pleasant tenant who re...
Any advice for a 17 year old I’m in my senior year of high school I’m looking to start investing in real estate once I turn 18(in July) I’ve been doing lots of research I’m located in Detroit I’m currently bird doggin...
The entire left coast has become a joke. Landloards can't enforce lease terms and basically have to let tenants live for free while they damage the hell out of the place (situation I'm facing).Attorney I spoke with to...