Andre Fierro
Lender caused me my deal
Hey Bp fam,So In short my lender/ loan officer caused me the deal. I really don’t like to blame anyone but there is just no other way to put it. I remember hearing one of the podcast where David green I think it was s...
Franky Juwana
Need Advice on Selling a Flip Property
Ok, here's the situation, My partner and I put our money and bought a house to flip.
His share came from 1031 Exchange proceed and my share came from my own pocket. We almost at the end of the construction being don...
Nic S.
8 doors in 1 year, what should I do next?
I’m looking to pull some cash back out and purchase more properties while still cash flowing. I purchased 2 SFH and 3 duplexes with 25% down in the KCMO area. One SFH is worth about $35k more than purchased and the ot...
John Truong
Limit of 2 conventional loan applications per year
Hello all BP members,
I am about to close on a second rental SFH, financed with a conv. loan. The first loan was also conventional; both loans are within 4 months.
My loan officer told me that I have to...
Asha Holly
New members looking for good mortgage for 3-flat -broker/bank
Hello,My husband and I are new to the site and have just put in an offer on a 3-flat(owner occupied) property for $329,000. We are looking to put preferable 20% down with a good rate. I noticed most brokers want 25% ...
Kayla Davis
Wait for $ or Jump right in?
Hi!I'm new to this (of course) and I'm trying to determine just exactly how I want to break into the market. Basically, I don't know what my 'niche' is yet. I've read some about multifamily properties, some about tow...
Nicole Mercer
Hello all, another newbie(long winded story)
My name is EJ and I found this site while searching the merits of paying for a mentor. Im a brand spanking new investor still in the learning stage and,after readimg through the thread, I decided to forego that plan a...
Bob Harris
Income or not?
Are the draws I take for rehab on my properties considered other income on my P&L statement or are they not included at all? My reason for asking is because all my expenses (subs, material, interest, and utilites...
Kurt Heise
The local REIA
Sigh...
So I have read this blog until my eyes have bleed and have actually learned a lot. I am currently looking for an investor in my area to "shadow" and learn more from. I called my local reia about joining and ...
Pablo T.
Buying My First (Already Occupied) Rental
Hoping to benefit from some collective wisdom and maybe avoid problems from things I don't know I don't know.
I'm in escrow for a single family residence that's located 3 miles from my home. It's occupied with tenant...