David Edwards
I can't get approved for the size of loan that I need
I work at a youth camp and I make a low income, but housing, health insurance,and other benefits make up for the low income. I am trying to get a mortgage for my first investment home purchase. I have about $30,000 ...
Ashwani K.
Need validation of my calculation on this apartment units deal
I came across a apartment complex in Dallas area and did my learning exercise of cap rate. Property details as mentioned:Price: 795KUnits: 12Occupany ~95%AGI: 172KAGE (expenses): 95KNOI: 77KHOA: 66KMy Calculations:Ta...
Christine Tolbert
Convert MH to Real Property
Hi, I am a new investor and looking to gather a bit of information about the conversion of mobile homes to FHA approvable properties. First I have looked up the requirements for the foundations on the FHA lending webs...
Zack Rosenbaum
FHA Lenders for small multifamily house hacks
Good afternoon BP Community,I am working on assembling my "Core Four" and wanted to see if anyone had suggestions for good lenders to work with. I am looking to buy a small multifamily building with an FHA loan, and h...
David Ramos
AZ Tax Lien Foreclosure
Hello BP World,I currently hold a tax lien certificate that I bought last year in the Yavapai Cty Tax Sale. So far we're going into 1.5 yrs of the redemption period and I just wanted to get a feel of what steps I need...
Lara N.
Trying to decide if a house is a good or bad investment
I have a pending sale on a 3 bedroom 1 bath craftsman single family home built in 1912, it has a non-permitted but livable basement with it's own full bath, sink & separate outside entrance. The home is in a desir...
Rafick Assenjee
Is it a good idea to use BRRR strategy to buy a Multifamily Apts?
Hi, I would like to know if anybody has been buying a Multifamily Apts using the BRRR strategy? If yes is this strategy better than using the traditional method of financing the deal with 70%LTV bank mortgage?Finally,...
Kaleb Henry
Having to many loans to finance new properties?
I was talking to a freind about how I wanted to start investing in rental properties, his big concern was wondering how one would be able to get a loan on your second or third house with having several loans already? ...
Anthony Barbato
Financing in a Mutual Homes Corporation?
How would you financing the following deal?Link to the MLS listing: https://maxebrdi.paragonrels.com/publink/default.aspx?GUID=c9c52ad1-8a62-4aa3-b3d6-b032ad83c945&Report=YesThe property at 339 W Chanslor Ave is i...
Ryan Hill
Setting up Solo 401k/ Self Directed 401k with existing rental?
Aloha everyone,
I have an existing rental property financed with a conventional mortgage. I also have an existing TSP retirement account from when I was in the military.
My question is can I setup a self directed ...