Giganni Lopez
Do properties need to be in "good" condition in order to be financed?
I'm a Miami realtor looking to purchase out of state. First time home buyer wanting to use FHA 3.5% or conventional 3%. I'm finding a lot of properties in Ohio & Illinois for less than 100K. They need a lot of wor...
Casey Nelson
Private lending question/ funding advice
Got a deal on a house
$150-170k
Realtor gave estimate for listing at $199k
Arv is $285-$315k
Trying to figure out how to swing it
Scenario : guy I know will front the cash to me to buy it for a cash deal but sho...
Alex Jacobs
Newbie Seeking Strategy Advice on House Hacking and SFR with Downpayment Assistance
. Hi BP, I am a newbie investor in Houston, TX and I want to build a rental portfolio. I’ve been told that “house hacking” or buying a single-family residence (SFR) with a downpayment assistance program and renting o...
RICARDO RUIZ
50% EXPENSE RULE
Where does this rule come from ? Is there data supporting it ? I have couple friends with rental and they completely disagree with 50% expense rule..They believe its expenses are much less that 50% of one months rent....
Chris Martin
New to the community - could use some general advice
Hey everyone! I am new here to the community and looking forward to learning from everyone. I am looking to begin building a real estate portfolio - thinking a house hack is the most realistic way for me to get starte...
Matthew Jones
Mortgage Options-Duplex with ADU (Detached Garage Apt)-Charlotte
Hi All,I have an awesome 3 family property in Charlotte, NC under contract, but I am now having issues locking down financing, which previously didnt seem to be a problem until some rules interpretations.The property ...
Jovan Cine
Finding leads for wholesaling???!
Ok soooooo I’ve got some issues like even wrapping my head around where to start and look for leads, I’m active duty military but I’ve put down the Xbox controller and I have started reading, watching, and listening t...
Joseph Dasmerces
Using construction loan or traditional financing
Hey everyone quick question looking forward to everyones feedback, We have 150k, We are actively searching for a deal to add value too and flip. We have a great relationships with our local bank and wanted to know wou...
Colin Reid
How Much to Keep Liquid?
Hey, guys. I want to know how much money you keep available for contingencies on your SFR rentals.I have two SFR's, with a third (current residence) to be rented within a year. With the two rentals, I've never taken a...
Ben Pepin
San Diego VA loan House Hack
I am 20 years old and just moved out to San Diego for the Navy. At the moment I live in the barracks but plan on finding a property to house hack somewhere in the San Diego area using the VA loan, so that I can put 0%...