Eric Johnson
What happens when I stop paying the mortgage payments ?
What happens when I stop paying the mortgage payment on multiple properties? I do not have a choice at this time. I have a number of rentals and my cash flow is very good but I overextended myself, and my cash reserve...
Account Closed
My strategy for buying my second property
Firstly, let me start this story with a brief background. I have been in real estate for 15 months now, and I love it. I actually decided to get into real estate because of the experience I had with an agent. They wer...
Jared THomas
Newbie (ish) from Chambersburg, PA
I am sort of a newbie. I have done a few deals, mostly buy and hold residential, but I have been disconnected for the last several years. I have always been passionate about real estate, but I have spent the last ye...
Bao Huynh
First Investment Property in Southern CA
Hi BP community,I recently closed on my first investment property in Southern California Inland Empire in the City of San Bernardino. I would like to thank @David Friedman for guiding me through the whole process. I f...
Ryan Terrio
Refinancing Non-Warrantable Condo
I would like to refinance a condo in Destin, FL being used as a short term rental. I found a lender who offered rates that seemed too good to be true (6.125% 7 year ARM) but found him through recommendations from othe...
Account Closed
How Much Did You Have Saved When You Started?
For my very first BP question, I'm curious how much money did you have in the bank prior to starting out? Our plan is to buy and hold. Most of the houses around here are 50-100+ years old so maintenance could be a cos...
Syed Khan
FHA Loan
I have been trying to do some research about the FHA loan, it may require a lot of paperwork and research to make sure you don't get screwed over by the Mortgage lender and other parties. However, anyone here in Mass ...
Bryan Field
Lease Option investing
Hi All,Does any one in the San Diego market have experience or advice about Lease Options? Finding a motivated seller and matching them with a short term lessee (tenant-buyer) to take over the property.I'm new to real...
Brian Webb
Reserves required for financing
I am a newbie and haven't done a deal other than my primary home which is a long term BRRR! I am trying to get financing in place, or at least identify the institutions that I want to work with, so I spoke with the fi...
Leo Don
How many times can you house hack?
Hello BP,Just wondering how many times can I house hack multi family properties? When will a bank stop giving me loan for OOC property? Please share your experience. I already have a establish relationship with my ban...