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I am ready to make my first purchase in an investment property. I have located the house and have spoken with banks, I will be obtaining a preapproval in the upcoming week. The property is 100k I'm putting down 20% an...
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I currently own a home with my wife and newborn girl. I'm in the military for the next 2 years and would like to started in REI by the time I get out. We have a 3 bed, 2 bath single family home in a decent neighborhoo...
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Need to replace an old oil boiler in my 4-unit multi/primary residence. Currently has an ancient oil boiler which is at least 50 years old, held together by duct tape and unmentionables. Barely got us through last win...
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So far we have used a portfolio based HELOC to fund our acquisitions and rehabs. This has limited us to typically 1 BRRRR deal, 1 Fix and Flip deal per year, or 1 note deal.
With this model I'm limited to the equity...
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Hi BP! My husband and I have been considering moving from the suburbs into an LA Duplex 2+1 and a 1+1 for house hacking. There is a Section 8 Tenant in place in the one bedroom with under-market rents. We would like t...
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After a few weeks of browsing the site and reading the forums almost daily, it's time to get my feet wet and start asking some questions. I live in San Diego and my market is kind of tight for investment properties. W...
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I recently verbally agreed with a seller in my neighborhood to purchase a townhome from him for $130,000. As I understood the deal, he would finance the purchase and I would pay him $700 (542 in interest and 158 in pr...
This is so ironic: yesterday I scheduled a guy to come cut down two big elms on the property and today a tree branch fell on the tenants car. This branch came from a giant maple which, has proved itself to be rotting....
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I inherited 3 properties from my father in Feb. Now that I’ve informed his long-time property management company that I’m selling, they sent me a letter wanting to terminate our contract immediately. They stated conce...
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Hello everyone, hope everyone is safe and happy and moving forward in your respective goals.
I bought a duplex house hack in San Diego County August of last year using FHA. I figured I would be in this loan for a ...