Hello,I have several ways to fund a down payment on my first investment property and would like to know the "safest" way to do so...Cash, borrow against my 401K (and does this method constitue the start of my investme...

Hi everyone. I found a deal where the seller has found a bank willing to finance the property at the asking price of $325K. It's a 7 unit building 90% rented. On the materials sent to me, it shows that the financing t...

Hi, How is everyone screening potential tenants lately. Do you meet them first and give them a paper application, or are you sending them to a site to fill out an application first to see if they meet the requirements...

If a tenant's motorcycle insurance pays the property owner for a claim of damage done to the rental unit should that payment amount be listed as income for the owner on the Schedule E?  

Hey BP community!
First post here. I currently co-own 2 different properties. One is my primary which I live in with my girlfriend - I'll call this property A. The other I co-own with a good friend - I'll call this p...

I am working on my first purchase will seller financing and having a little trouble calculating payments. I will be offering $200000 and like to pay around $800/month. How do I calculate the interest, which in turn gi...

Hi everyone. I am taking the plunge on my first STR. I've been checking markets and have honed in on a particular market. I have a realtor I'm working with who focuses on STRs. I'm now looking at the financing. My rea...

I know this has been discussed and I have read a few of the posts in the forums but my answer still has not been answered. In speaking with a friend, he mentioned using a HELOC from my primary residence to put money d...

Hello, I’ve been BRRRing and using 30 year DSCR loans. So I have been researching making an extra principal payment every year and how it will cut down your mortgage to between 21-23 years. I’m debating if this is wor...

I am starting the process to look into an investment property, reached out to an agent and a lender. Here's my anticipated problem, the down payment. I do not have sufficient funds to make a down payment on a $100,000...