Brianna Lopez
STR financing based on cash flow
Does anyone have any tips on a lender or type of mortgage for a short-term rental that is based on cash flow instead of based on DTI and personal credit? I own my primary residence and still have a high balance on the...
William Gunther
Need strategy advice
I purchased a home in the Midwest (purchase price $45,000) with an ARV of $150-160k) repair cost will be around $42-46k. My initial strategy was brrrr but I have a 12 year fixed rate on purchase at 4% I owe around $32...
Bintou Diallo
How strict is the FHA Self Sufficiency test?
HELP! it been 3years now I’m trying to buy a property but it seems impossible for me. I been under contract for with few properties but things always goes wrong.
I am under contract with a 3 family multi unit in New...
Murray Reginald
What price point should I look for?
Hello All,I am highly motivated in becoming an investor, I've been educating myself with Brandon Turner's book on The Book Rental Property Investing, I could be jumping the gun without completing the book however, my ...
David A.
House on craigslist in Watauga Texas just called owner
I have just started browsing through craigslist to find motivated sellers and so far this is my first call. From my conversation with the owner, he has this house paid off and started at $80k and then $70k. This is pr...
M Lindgren
Condo as a rental?
I've found a condo foreclosure that was built in 2003 and sold new for $135,000. The current asking price is $24,500.
Assuming I can't get people lined up all day long to pay $850/mo, is there any reason not to buy ...
Richard Pennington
Multi family investing with an FHA in DC
Young 24 year old getting into a federal job within a year and I wanted some clarity before I moved way ahead of time on using an FHA loan for a Mutli family home, duplex, or even a 4plex. I understand the market in D...
Tim Addai
Best ways to collect rent
Hello BP family, what have you found to be the best way to collect rent? I'm closing on my first deal soon and currently some of the tenants have paid cash through PayNearMe. But that service is not available to sole ...
Account Closed
FHA Loan Or Conventional Bank Loan?
Would it be best for my first deal to be though a FHA Loan Or with a Conventional Bank Loan? I know with a FHA Loan I would have to live in the property for a certain amount of time, plus the Down payment is lower 3.5...
Dan Biga
Owner Financing Advice Needed
I have a 2/2 condo in Gulf Shores, AL that I owe right at 250K...the condo is probably currently worth 115K...I have a potential buyer that is interested in me "owner financing" the deal, and she basically take over m...