I've only ever put in an offer to buy my primary residence, and for that I was pre-qualified for it then I went out looking for a house. Most of the lenders that I've talked to say "show us the house and we'll close i...
Hey guys,I am early in my journey, with one deal under my belt. I have stable income, but my goal is to use the BRRRR strategy to leverage equity/forced appreciation rather than constantly saving and contributing my o...
Hello BP family! I’ve been gleaning your wisdom on here for a while now (thank you!) and am a little nervous to post a (likely) silly questIon. Nevertheless, here it goes!
Here’s the scoop...we posted our rental a fe...
Alright folks. Have been on BP a few days but have listened to 150+ BP podcasts :) Still trying to dig through many of the forums, but I'm coming down to the wire on this opportunity so I'm asking for some advice!Ba...
Hello Everyone,I have owned this rental property for a few years now and I want to use 50K of the equity as a down payment to buy another property. The lending bank said they can do this either by cash out refinance o...
Here is the scenario. Ground level condo I am renting to a tenant. There was a water leak that pooled into the bathroom. Tenant was very prompt to call me and try and mitigate water damage etc. Condo corp was liable a...
Can I write a lease with a 30 day option to cancel if the tenant is problematic? I’m in CA if that makes a difference.
I had a bad last tenant who was butting heads with the HOA & it was a lot of headaches for...
Does anybody have any experience SELLING air bnb properties? Many people say that they are twice the income of long term rentals? Do they also sell for twice the price??
ARV $140,000 Purchase price $62,00025% Down $13,050Entrance Costs (lender fees and such) $2,500Rehab $35,000Holding $3,000Exit $11,200Mortgage Payoff $46,500Desired Profit $25,000Max Offer $1,300...
I have been debating buying an investment property for 2 different utilizations: 1 personal use during limited vacation time during the year, and 2 to AirBnB the building for other vacation use. Has anyone bought/ut...