Annette Schneider
Water company mishandling of payments
When we purchased our two properties, the water, sewer and garbage were billed by the local municipal government. A larger water/sewer authority took over these accounts and its been very problematic. It takes over t...
Mubasher Riaz
To buy or not to buy? That is the question...
So there's someone around my area selling a 9 unit completely remodeled and all rented out apartment building. He said he owned it for 3 years and bought it from the bank before that. He also claims, he's making $3000...
John Havel
Refinancing an FHA/203K loan to Conventional (Cash Out)
I'm wondering how long it typically takes to refinance an FHA or 203K loan to a conventional or if its even possible to do that in a short timeframe such as within the first year of the FHA loan. I'm just getting star...
Hernan B.
First Timer: Security Deposit, Rent in Cash, and more
I am officially in the process of collecting rent for the first time ever. I have collected rent from one unit in the form of a money order and a second in cash. What is everyone's strategy to collecting rent in cash...
Craig Curelop
House Hacking Research - Tell Me Your Story!
Hey everyone! I am doing research for a house hacking project and need some stories of fellow house hackers. Could you please reply to this thread with your house hacking story?Please include your location, strategy (...
Aroldo Villarreal
Would you buy this triplex + duplex?
I'm considering buying this multifamily deal, but don't know if the numbers are good enough. I know multifamily is evaluated differently than SFRs, but don't know much about it. Below is the owner's description:I have...
Aaron Raffaelli
DSCR Loan for a first time REI
As the title suggests, I am just starting to enter the REI world. My first deal looks like it will fall through because the bank doesn't like my work history. (4 months as a union electrician, which the bank considers...
Austin S.
Credit partner compensation
I'm looking into doing a deal where there are the dealmakers (a realtor and his partner's LLC), a money partner (will provide the 20% down payment), and a credit partner (personally guarantee the 80% loan for the LLC)...
Adam Sharp
1st Condo Buy - Running the Numbers
Hi BP Community!I am moving to Seattle in September and hoping to buy my first condo. I am doing some budgeting and wanted to get your feedback to find out if I am planning correctly. I am planning to put 5% down on...
Pearse Cafiero
New To Investing
Hi Everyone, Trying to figure out the best way to go about getting my first rental property. Ideally was thinking a duplex, triplex, or quadplex to get started and use an FHA loan but I also have a private lender that...