Hello Everyone,Hope that everyone finds themselves Safe and Healthy.I am interested in purchasing a Duplex. I will live in one apartment. and rent the second apartment.However, I started my own business in January, an...

Hi BPers - figured I'd share my recent success finding ~100k in financing using a method I haven't heard discussed frequently.Believe it or not, there are several banks out there that will give you a personal line of ...

Hi everyone, I’ve been trying to figure out how it’s possible to get financing for a first investment property when I already have my primary residence and it eats up my available DTI (I bought it before knowing anyth...

Hi everyone!
My name is Ben Sylvester. I am a student at the University of Vermont graduating in May 2021. I have done some initial research into real estate investing and the House Hacking strategy has really caught...

In my subprime situation, my agent and loan-office inflated my income, convinced me to sign all the documents to "move things faster". Loan-officer, told me not to worry about the inspection that he is a licensed one....

Hi there, I'm brand new to this site.  Can't even believe a resource like BP exists - there is so much valuable information here and such a supportive community.  Just trying to wade through it all with the goal of ma...

Hi everyone,I recently just closed on my first multi-family property in the Chicagoland area. I financed the loan with an FHA 203k loan. I am looking to buy my next property within 8 months and I am trying to understa...

Have been investing for almost 2 decades now and have assembled a nice portfolio of SFR properties.  In about a year, the last one will be free and clear and trying to decide what's the best use of these assets.  The ...

I know its just a rule of thumb but in my area out of over 50 houses I have looked at 1 of them meet the 1% rule... 99.99% of the houses are selling for 110k-120k and doing 900-1k in rent monthly. I am starting to get...

I am making an offer on my first home that I plan to use as an owner occupied rental.It is a 3 unit building in downtown Albany, NY. The three units are as follows: -Basement studio leased for 550-1 bedroom appt lease...