Roger Evans
15% down portfolio program? 6.75% interest
I found a 3 unit multi family today. I have pre-approval for 15% down on a portfolio program non owner occupied. Interest rate is 6.75% how insane is that? My FICO score is 799 am I getting boned? I’ve never heard of ...
Cameron Jarrett
Tenant Waiving Pet Fees
Hey Everyone! Hope all had a great holidays! I have not posted in a long time, mostly because Everything has been pretty smooth Land lording. I have currently invested for 6 years and acquired several rental units. I ...
Patrick Gerrity
Possible deal, but my first commercial deal
Hey everyone!! So Ive been doing multi family buildings and some self storage partnering, however I’ve never really done anything commercial myself. I came across a private deal in my hometown that I am truly interes...
Tyrel McAllister
Real Estate to Bitcoin Investing - Easy change?
The value of bitcoin has skyrocketed, has anyone here cashed out yet for REI purposes? It seems ironic to use a highly volatile currency to fund a sometimes volatile industry. As real estate investors, do you find the...
Jordan Shay
Is this a stupid idea?
The big question: Should I rent my primary residence, or should I sell it after a few years and use the money to then purchase investment properties?Here is my situation: Just built my primary residence (3bed, 2bath) ...
Hiro Kitagawa
Omitting rental property mortgage from debt
Hello BPers,I just started renting my condo to a tenant at the beginning of April. Upon speaking with two loan officers on conventional loan, I received quite contrasting answers. My questions was if I'm getting ren...
Chris Tracy
Partnerships- What burning questions do you have?
Regarding the acquisition of an apartment building... let's say 100 units... what would you like to know about if you've never done a deal before (especially a big one) and you want to partner-up with someone to work ...
Kyle Beauchamp
Issues refinancing on the BRRRR method
Sorry, this is a little long winded. I am having issues refinancing on my first BRRRR. I already had two single family properties that I had lived in and turned to rentals prior to purchasing this third property.I bou...
Nash Mittelman
Income stated? Interest only? Any other ideas?
Hi BP! I incorporated last year, and I don't think my personal income will do me any favors for getting financing (meaning it's low). My business generated a fair amount of income, and my rental property might generat...
Jimmy Mooney
Considering first investment property, down payment question.
I'm considering buying my first investment property using a HELOC on my primary residence. I have enough equity in my primary residence to cover about 4-5% of the purchase price of the target property. I was thinking ...