Mohammad Fanaei
How is DTI Ratio Calculated for Buying Second Househack?
I bought my first househack last year, and I am getting ready to make an offer for the second one. My question is about how the DTI ratio is calculated when I apply for the second mortgage. My understanding is that as...
Jorge Lee
Questions about Land purchase and Development
Hi everyone, I'm interested in land development in Philadelphia and have a few questions. I have some experience in multi-family fix and hold but am new to new construction (ground up). I'm considering purchasing a va...
Stephen D.
Performing Land Contract assignment
I have received an unconventional proposal from a seller. The seller wants to assign their performing land contract at 7.8% for the balance currently outstanding on the loan. I'm not sure where to start with this se...
Adam Taylor
Thoughts on Sensitivity Tables and Equity Multiple Figures
Hi Everyone,
I am looking to start investing in SFH to 4 plexes. As I am building out my pro forma, I keep running into this headache as to whether I need to incorporate sensitivity tables. I pulled a pro forma from ...
Hesron Gomez
Can this be done?
Hello fellow BP investors,
I need some clarification, and would appreciate any help. My question is, can a seller owner finance a property he still owes? The seller is moving to a bigger property after living...
Larry Mankins
Lake house purchase...parents want in
Wife and I are looking at retirement/recreational property we won't occupy full-time for 10+ years. Will be happy to vacation there several times a year, we love the lake. Parents want to throw money in so they can ...
Tony Sherman
Let's brainstorm about private lending
Have you faced obstacles with high-interest rates in private lending? How did you manage or reduce these costs?
Eli Jerman
Looking for advise for FHA and LLC. Just purchased first duplex. Renting one unit.
I just purchased my first investment duplex at the beginning of this month. I know I want to buy more properties in the next couple years but for my first one, how can I setup an LLC for the best asset protection? Whe...
Stan Minkinow
Looking into developing a "Tiny Home" / RV Park Community
Hello all!First off, I want to thank each of you for taking the time to nourish me with wisdom! Resources like this website and your contributions are incredibly valuable to guys like me!Now for the good stuff -- my n...
Lauren N Sellers
Gettin' in the Game!
Greetings from Yardley, PA Everyone! I have been mostly on the sidelines of BP watching and learning while growing an interior design/home staging business. However, my bigger vision has always been to become an inves...