Kayla Weigel
How Do I Finance My Third House WITHOUT W2 Income?
Hi Everyone,
I bought my last 2 properties while I still had a W2 job. One property is a condo (in CA) that I rent out, and the other property is a house (in NV) that I live in and rent out the other rooms.
I quit m...
Andrew Carter
"Below Value" Appraisals, why is the buyer required to pay?
Hello, I'm brand new to BP but looking to learn quickly...which will mean asking lots of (but hopefully not to many "dumb") questions. This may be a question with an obvious answer, but I'm curious, when a property ap...
Lee Ali
The Fallacy of the Necessity of Down Payment.
Banks have led a great many people to believe that the mortgage mess exists because too many loans were given at or around 100% LTV.
That is hogwash spread by banks because the...
Dustin S.
Found the Perfect house but owner doesn't want to sell.
Hi Guys looking for some advice here. I have found the perfect house for me its a serious fixer in my neighborhood that has been vacant now for 4 or 5 months. The lady who owns it is older (80ish) and has a business m...
Logan I.
Can a 5th+ mortgage/FHA
Hi All -Must an FHA loan be one of your first 4 mortgages or is there no relevant restriction? To put it another way, can a 5th+ mortgage be an FHA loan? Are there any other relevant considerations surrounding the num...
Joe Young
Not so hard, hard money
We are about 90% complete rebuilding our first rental property after a total loss house fire. I shoe stringed the rebuild to this point - which will now be our primary residence. (It is a waterfront home so I had to...
Sebastian Villacis M.
MTR for Travel Nurses and/or Other Professionals
Hi BP Community,
I am interested in investing in Cleveland, OH, around the Wakefield/Detroit Shoreway/Edgewater area to be more specific. I want to buy a duplex and have each unit serve as MTR for traveling nurses or...
Johnny Potts
My Dating Tenants Broke Up
BP family and friends,Long story short, I signed a 12 month lease with a dating couple who, after about two months got into a fight and eventually broke up. The male makes less than the female, and could not qualify t...
Brandon Turner
Do you allow pets?
I am debating allowing pets into the apartment complex I own. I am curious of what other people do and if anyone feels passionate one way or another.
George Genovezos
who do you use for a self directed 401k?
Hi all,I have some funds in my 401k that's not performing. It's currently with Fidelity and they don't offer anything self directed.Who should I use to purchase real estate with? What kind of fees should I expect?Thanks!