Thomas Tzeng
Tenant screening and decision questions
We have a single family house for rent and the rent is around 4K in a nice neighborhood. We just interviewed a potential tenant today. She seems to be very rush and would like to move in ASAP. She even can do tomorrow...
Bryan Cavellier
Lowest down payment on a multifamily?
I am curious to hear everyone's lowest down payment (%) on a Multifamily property (2-4 units). Obviously there is 3.5% with FHA, but are there any low government programs or random credit unions/savings banks that all...
Kristi Wolfe
DTI if I have 100% of purchase price in the bank
My husband and I are considering partnering with my brother on a deal. Between the 3 of us, we have well over 100% of the purchase price in IRAs, savings, and investments. I am self employed and my W2s show only ab...
Brian Dean
Partnership Structures - What Have You Done?
I would love to hear from some Canadians that have done Joint Ventures and/or Partnerships, specifically when one person provides the cash and financing ability, and the other partner finds the deals as well as overse...
Jeffrey Townsend
Section 8 leases in place
Hello All,I am looking to purchase a Quadplex and 2 of the leases are currently Month to Month section 8. Is it as simple as giving 30 days notice after I close? I am looking to renovate these and bring up to market...
William Howley
Doing a BRRRR without a job
Hi everyone, I have been moving a long in my real estate career, I was able to BRRRR 3 times successfully and do some flip etc. I transitioned to full time REA 1.5 years ago and don't have the W2 income anymore. (Love...
Stephen Moore
How to get financing on a 4 plex
Hello BP! My name is Stephen, I have been analyzing a few 4-plex’s in my area to house hack. My total income is 44k BUT I travel for work and get a per diem ranging from 70$-120$ per day depending where I go....
Vincent Plant
Covid Rental Assistance Program - The fine print??
My tenant sent me some forms and asked me if I could fill them out so she can apply for rental assistance. The state of PA offers funds to tenants who qualify due to the impact of the pandemic. They require me as the ...
Albert Gutierrez
What does everyone think of the current market?
Wondering what is everyone's opinion on the current market? It seems that RE prices are the same and nothing has changed
Daniel Soyars
Finish lease (4 more months) or jump on a house hack?
My W2 is with the airlines. Which until 9-31 my job is safe. But after that its all up in the air right now. Should we finish the least that ends in Dec or make the jump on a house hack while i have verified income. I...