Account Closed
The 2nd property is the hardest
Perhaps a savvy finance expert can help me figure this out. My wife and I have an fha loan on a house we bought two years ago today. We want to rent it out and buy another as a primary residence. We can't get a second...
Devon Harris
Vacation home Loans- 10-15% down vs. DSCR
Hello Bigger pockets members. Anyone have advice on mortgage lenders that provide 90%LTV in Ms for a vacation home loan?
Mike Lowery
Looking for ways to close our first deal
My partner @Jonathan West and I have found an off-market four family that we are interested in purchasing from a seasoned investor. This property is in a great location and the numbers work out based on our conservati...
Lukas Vanagaitis
How to liquidate non-selling properties?
Hello fellow investors!We have some fully remodeled properties in Houston, TX that been on the market for longer than we want.What are the best ways to liquidate them and get them off the books without leasing and ref...
Patrick Stuckwish
Lease option investment idea
Hello everyone! I was just reading an article about the basics of lease options and I had this crazy idea. Please take a look and let me know if something like this would work or if it’s completely nuts. Thank you Lo...
Matthew Pagelsdorf
Tenant Selection Advice
I have a 2BR 1 Bath SFR to rent for $1,000 a month. I have a Tenant screening criteria list as well. The issue is that included in this we require 3x the rent amount as income to qualify and the partner on this prope...
Troy Green
Question: Efficient Ways To Deposit Lots Of Checks
New to BP, so hello everyone! I have a problem at one of my buildings with 383 units. We collect so many rent checks that my leasing agent ends up spending half the month just depositing rent and crediting it to the a...
Michael Behr
How to fund deal
Hello,
I found a multi unit property. I have about 20% down payment. I’m now being told it will likely be 25%. My credit score is 780+. What’s the best way to fund this deal? I’d like to use as little as my money as...
Lou Francis
using your cash to payoff a rental property
GOOD MORNING JUST A QUICK QUESTION ABOUT SAVING ON INTEREST PAYMENTS ON RENTAL PROPERTIES . WOULD IT BE GOOD IDEA TO PAY OUT A RENTAL HOUSE AND SAVE ON THE INTEREST ON THE LOAN OR LET THE LOAN RI...
Roberta James
Bank financing or is there a better way
Hi Everyone!
I'm looking to complete an application for traditional bank lending this Saturday so I can start putting a deal together on some of the researched investment properties I've found. I hear about all these ...