Good afternoon, My name is Garret and I’ve listen to BP podcast for the last couple weeks. My wife and I have been very interested in investing in real-estate for the last couple years but have not pulled the plug. Mo...
Hello everyone, I am getting a HELOC for my first investment property. I want to hold on the property and make it short term rental, no intention of selling it in probably at least 10 years. However, after all the exp...
I have been a resident of Denver, CO for 10 years and am hoping to relocate to San Diego, CA within the next 2 years. I am currently saving up additional down payment funds to buy a long-term home in San Diego (your ...
I need some advice. I was told by 2 lenders that my DTI is too high because my taxes show a loss on rental income. The rental income loss cannot be included as income for last year (2018). I would like to buy a seco...
Hello,This is my first post. Let me cover the basics:Who: Aaron (myself)What: Rehabbed PropertyWhen: Over the past year (Summer 2020 - Present)Where: I live in MD, the property is in SE DC.Why: That is what this ...
Looking for some insight on a plan of action to my goal of becoming more free finance wise and timewise.
With $50,000 available on a HELOC (floating interest rate) Would it be better to do a small scale fix and...
Hello all,I'd like some advice from the group of experienced investors. Here's my situation in short details:Bought a commercial property for $699K in 2019 through a 1031 exchange which cash flowed beautifully until l...
Hello BP,
Up for consideration is the following:
A SFH priced at $28,000. It is 1200SqFt, 3 BR 1BA that an investor purchased a year ago for $17,000; He/she has done a good amount of work (drywall on one level, fram...
I learned today that Kate Brown extended the eviction Moratorium in Pdx for another 3 months. My tenants haven't paid rent since March and say they will not pay rent again until October... What options do we have as...
Our loan has been approved for a couple weeks..or so I thought! Now our lender is coming back saying that we are at 44%debt to income and we need to be at 41% because of my commission income it threw everything off. ...