Cameron Cole Vance
Applying for a mortgage
I know that in order to get a mortgage you need to prove you have a reliable source of income and show 2 years of a stedy work history but I have a low income job and was hoping to switch to a better paying one. If I ...
Colton Pickett
Entering the real estate market at 19
I would like some input on this... Currently I am building my credit score and have two lines of credit. (Credit card, car loan) Currently I'm still living with my mom. My credit score sits at roughly 660 right now. M...
Caelan Lebryk
New Investor in Lexington, KY
My name is Caelan and I am a real estate investor in Lexington, KY. I currently have flipped and house hack the first investment property I bought. I am looking to buy more real estate in Lexington using the BRRR meth...
Jake Barone
Underwriting for Short Term Rentals
Hey BP fam! I am working on acquiring my first multifamily building with the intention of converting the units to STRs. Does anyone have a good underwriting template or expense checklist they use for analyzing STR pro...
Aadam Khan
Selling a cash negative property?
Hi looking for some advice on a rental property I have in Waterloo, ON.I bought a student rental condo by Laurier uni for 300k 20% down in 2019. Currently refinancing taking out $67k (appraised at $375k) to purchase a...
Shane Burlingame
When and How to Analyze Non Conventional Deals
Hello,
I have been analyzing BRRRR properties, and I consistently use the same conventional financing criteria when running my analysis. The problem with my approach, is that when I go forward to make an offer, it i...
Jacob Workman
Sell my spec home or move into it and rent my current home?
So, here’s my dilemma and my thoughts. I’m about halfway through building a spec home. Our initial plan was to sell it. Our targeted profits would be somewhere around 50k after all fees, loan closures, etc. Of cour...
Josh Wilkerson
Tax Implications for a 1099 Flip Project Manager
I am in the process of flipping a house with my brother where he is acting as the project manager for the flip. I intend to pay him a % of the profits when we sell but I am unsure on how I should treat the tax liabili...
Jillian Hourihan
Providing tenant application to Collection Agency
Hello,I am over in Mesa(outside Phoenix) Arizona and I have a past tenant (owner sold property and new owner declined to have us manage) who still owes us a partial payment for the last month. We just opened an accoun...
Ashot Avakyan
New Investor from Philadelphia
Our father has been a seasoned investor since 2001. He lost a lot of money during the 2007-2008 crash. He lost everything he had and than some. My brother and I graduated Universities in 2010 and started working for F...