Courtney Fricke
Should I flip or buy and hold this property??
So I purchased my second property (first is live in flip that I'm gearing up to flip this year since 2yrs is up) back in mid-November with hopes of renting it out. Now that I've been rehabbing this property and gettin...
Roger Johnson
New from NJ/NY area!
Hello all! My name is Roger Johnson, I live in Maplewood, NJ which is in Essex County, less than 30 mins from NYC. I'm a 34 yr old architect and I have two 2-family houses (one I live in and one in Newark) and I'm lo...
Nicholas Abramo
Bought a house in Ohio for Cash under an LLC
I closed on my second rental property last month and it was an all cash purchase. It is a SFH, its worth around 50K, and its in Cleveland, Ohio. I purchased it under an LLC and I want to do a cash out refinance to pur...
Micah Bolch
Rent to own question
I have a buyer on the hook that's willing to do a rent to own. The home needs a lot of work and I plan on fixing it up. My goal was to secure the property then place a tenant in it for 2 years after fixing the foundat...
Danyale Wright Belloni
Short Term Rentals Florida
Hello BP Community! New here to the site and I am interested in purchasing some short term rentals in Florida. Looking to get some insight on where would be the best location with the best rate of return. Ideally wa...
Carlyle Gianni
Calculating rental income
Hi BP Family - I'm trying to get clarification on something as I seem to get conflicting information from different lenders. How is rental income calculated for your DTI? I had one lender say they took 70% of the ren...
James Bertrand
Future implications of using BRRRR without one of the R's
I've scoured the forums looking for an answer to this, and it might be a "duh" moment but I figured I would ask anyways.A short backstory: My wife and I have just received a HELOC on our primary residence and are on o...
Brendan O.
Mulit unit with fha not an option
Dear BP,
I have just been informed by a loan officer in San Franciso that buildings here will never qualify for fha loans. My idea to buy four units and live in one is out the window. What route should i go n...
Ken Vogel
considering turn key type property
Hello folks, I'm looking for my first property. I have some reservations of doing major rehabs but could do minor rehab without hesitancy. Ive basically only been shown or looked into turnkey or very close to turn-k...
Account Closed
Bad to keep just one rental?
I currently own one rental. I buy through turnkey providers, so I am looking at properties listed above market price. Prices have risen so now the cash-flow with these properties aren't that great anymore (if there ar...