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Hi Everyone, I am working on getting an idea of how much I can conventionally finance for my first deal. I have a list of local banks and credit unions that I am screening. I plan to narrow it down to 5-10 and then ta...
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Hello,My wife and I currently have one SFR in Augusta and are under contract on a duplex in Augusta, GA. This is our "farm" area. We recently moved from Augusta, GA to Braselton, GA, which is 2 hours away. We plan to ...
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Can anyone give me an overview of how one goes about obtaining a hard money loan to flip a property? What do hard money lenders require, in terms of collateral? Ultimately, I want to build a bigger buy and hold port...
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Hi all,My wife and I are looking into buying our first home and have the following question for New York City (where we currently reside) / Jersey City, NJ (where the property is located) :- I understand that it depen...
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Did anyone own any fourplexes (or other multifamily) during the last housing crash in Seattle? If so, would you mind sharing your insights on how it performed during the crash? Did the property value dip X%? Were you ...
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Hi, first post and newbie!
Mom is retired and owns 2 properties (est worth $1.8m) free and clear without mortgages (yay) BOTH UNDER HER NAME ONLY. I currently live in one house with my young family and she lives i...
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Hi All-Looking for some advice on strategies for acquiring off-market/wholesale deals without being able to purchase the place with my own money out-right. I have some cash set aside and I am looking to purchase my f...
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How do you add a property to an LLC without having the consequence of the due-on-sale clause? Is it only possible to add a property to your LLC if you’ve paid off the loan?
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Hello BP community! So, I'll apologize now for the long post. Since I keep hearing the theme of the "Why" being important to success, I wanted to openly share where I'm coming from. I joined the site a few months back...
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I am new to landlording and this is my first time reviewing a credit report.
Rent: $1,100
Monthly income (before tax): $5,500
Credit Score: 778 (did not miss any payment in last 3 years)
Min. Monthly Payments: 550 (w...