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Hello BP! I have my first home under contract. It's a 6/2 duplex that resides in Sugar House, Salt Lake City, Utah. I could really use some input on if this is a real deal, if it's workable, or if it's going to be a r...
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Greetings,
In general is it possible for a loan's terms to state that its subject property may not be rented or leased, and that doing so warrants new loan terms including a new interest rate? Appreciate any anecdote...
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Has this topic been beat to death?
Do those of you who are renting out homes/apts/mutli-fam structure your investments to be owned by you personally, or by an LLC which you own?
I earn a pretty decent living outsid...
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Hi everyone,So this is my first deal and I'm doing my best not to get cold feet. I plan to purchase the property using hard money at $77K then put about 3 months of work into it spending about $5K. Property is curre...
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Hello all, this question is aimed at any investors who also hold a real estate license. So I've been saving money, listening to podcasts, reading a bunch of books, & decided to get my real estate license to help ...
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So I bought my first home (duplex) using a VA home loan a few months ago. Everything went well and now I’m ready to buy my second home (triplex) but there’s a problem, Underwriting!!I am being told by numerous lenders...
Hello, BP.
I first wanted to say thank to so many of you for the insight over the years that I've been listening and reading your input. This is my long overdue first post and it's based on a strategy that is a mixe...
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I just got an email that my homeowners insurance will be increasing from $1,067 to $1,447 for the year. I'm deciding if I should shop around or does this seem pretty inline with other companies?
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Hello BP family,I was scheduled for a closing this Thursday. Quadplex: 2br/1bath, cost $211k, seller pay closing. C class neighborhood. Repair 5k. New roof. Older hvac 12 yrs old.Cash flow:600/month with PMHowever, th...
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So one of my tenants decides to make a complaint at Board of Health on me without even contacting me first. So of course they go in and find a whole list of violations, most of them typical which I would repair anyhow...