Bianca Kwon
New to real estate investing
Hello everyone! New member here! Just wanted to the seasoned investors about my situation.Currently renting out but hoping to buy a property either this year or early next year. Husband and I don’t have a property yet...
Renae Pinkney
How to Prepare for Possible Rent to Ownership
Hello All, I am currently renting a 3br 1bath SFH (my grandmother owns the property) and I mentioned my plans to save 10k this year to purchase a rental property and move out shortly after. I was told if I move she'd...
Deak Smith
Understanding Conventional Financing & how to get it
Alright, I’ll just throw it out there and hopefully not feel too dumb when the answers start rolling in. I hear a lot about the 10 conventional loan limit. I have 4 single family houses and 2 loans (2 houses/loan). I...
Michelle Lyn
Electricity bill doubled with new tenants. Can we investigate?
Hello BP folks! We have a 3-family rental in New York. 2 units have the same tenants for years. Other unit moved in in Sept 2020. Utilities are shared so we include them in the rent. We're seeing this winter that the ...
Nick Thomas
First Purchase Opportunity
Hello everyone! My wife and I are currently renting a condo and got word from our landlord that they want to sell the property. I contacted them right away saying we would be interested in buying the property before a...
John C. Melton
Best Courses, Coaches, and/or Mentors
Land Wholesaler here looking to get into buying land, building on it, and then selling. Who are the best people to follow, courses, coaches, or mentorships? Yes, I know you can learn anything free online, but I need t...
Michael Campbell
Question about streamlined FHA refinance
Hello BP,I bought a duplex in late 2014 with an FHA loan. Since that time I've been getting a lot of letters in the mail regarding reduced Mortgage Insurance Premiums. So yesterday I called up one of the lenders and...
Nick Cooper
Conventional loan says I must occupy the home for 1 year.
I just closed today on my first property. We done a conventional 30 year loan and at closing there was a paper I had to sign that said I must have the home as my primary residence for 1 year. My wife and I are thinkin...
Corwyn Oliver
Are DSCR loans good to scale a rental business?
Hi BP pros, I have some buy and hold rental property, some acreage and several lots that are good for building new SFR or multifamily. If I build, I would like to sell or maybe hold them and pull the equity out to ...
Wade Wisner
DCRS Loans and How they Work?
I have never done a DCRS loan and have little knowledge of how they work and in what situations they can be used. Can anyone out these describe them to me with limitations/advantages to having one? Thanks