Dan F.
Cash Reserves needed with a robust HELOC?
Hey BP,I'm new to REI and just joined in early Dec. It's amazing the wealth of knowledge contained within these forums! Here's my situation:I just closed on my first investment property in San Diego two weeks ago and ...
Bryce Bradshaw
Online management and landlordbig from a distance
Hey BP! My wife and I purchased a duplex a few months ago and are in the process of learning to be Landlords! Are duplex is located in Idaho falls but we do summer sells so we will be gone from April-September. What I...
Sachin H.
First time investor - Am I over thinking?
Hey Guys!I closed my first investment property near Atlanta a month ago and I haven't got a tenant yet. Here is what I have done so far. Should I be worried (yet)?Property type: Type B. Demographics: Decent demogra...
Jeremiah Fender
Improve and add a second unit or cashout and purchase.
Interesting situation that I am analyzing and could use some ad(vice), questions, discussions to help me flush out the nuances of the two options. My wife and I purchased a house 4 bed/ 1 bath (built in 1937 @ 1500sqf...
Ivet Medrano
Who would u recommend as a lender? Bank, Broker, Direct Lender
Hi everyone,Newbie here, so I've been speaking to a few lenders. I live in Austin, TX. I want to buy a duplex, live on one side and rent the rest. I am aware that as soon as I provide all my info to a lender, they wil...
J R Spikeston
How do I look in the eyes of a lender? SFOO Buyer and Holder
I never planned on being a landlord, but looking back over the last decade I've settled into the pattern I explain below. My main question is, "How will I look in the eyes of a lender when it comes time to buy my four...
Nicholas Giordano
Living in Westchester, NY Looking for Cash Flow. Where to start?!
Hey BP community!
I am fairly new to REI and am looking to purchase a 2-4 unit property solely for cash-flow, while staying at my current residence to live. I am currently living in Westchester, New York about 40 mi...
Dennis N.
Breakeven cashflow inv property, how should I think about return?
Guys, I need some help in thinking through this scenario:
A property that has breakeven cash flow with appreciation in line with average inflation and minimal expense over 30 years. Lets say it cost 500k and I put do...
Sean Pearce
Approved Mortgage Loan Not As Much As I'd Hoped For
So I've applied for my first mortgage ever on an investment property. I have good credit fluctuating between 760 and 790, net monthly earnings just shy $10,000.00, over 2 years in my current profession, no current hou...
Brenden M.
Operating two STRs for <2 years - using their LTR rents for DTI?
Hi BP members. As the title states, I've been operating two STRs for about 8 months now. I am interested in buying another property, but I want to make sure I am understanding any limitations I may run into as a resul...