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Hello, I am new to the site. My name is John. I am a dentist by training but would like to get into rental real estate in order to establish passive income. I have my real estate license due to incompetent agents ...
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First let me begin by saying this is a great site. I have for many years participated in an aquarium forum where I learned to be successful in that hobby (i know completely unrelated).I have no doubt that I will gain ...
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Hello BP Community! I'm new to REI but definitely not the thought of it. It has been something I have been wanting to get into for a while now but the time just hasn't been right. I can assure you that the time is def...
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Being a college student how do i go about purchaseing a starter or low cost property? Also how would i go about purchasing the products to renovate the house for resell at a good price?
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Hi all. I'm hoping some of the more experienced members here could maybe make some suggestions or point me in the right direction. I'm looking to educate myself more thoroughly on how to analyze a potential long term ...
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I understand the concept of starting small, what is the max i should invest in my first property? I'm currently interested in buy and hold duplex rentals, it appears ill most likely have to take out an FHA loan unless...
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Hi BP know it alls!We recently purchased a property that has two houses on it. We purchased the property for the market value of only one house (good deal for us). We did this because the appraiser insisted that he gi...
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Doing a cash-out refi on my primary residence. My plan was to use the proceeds to fund the downpayments on turnkey rentals. I stated this upfront when first talking with the lender. But now that we're almost to closin...
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Hi All,I am unable to find a definitive answer through FNMA guidelines and hope someone can shed some light.While going through a mortgage for an investment property, underwriter asked my dad to confirm that the forec...
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I have come across an opportunity to purchase a rental home from a friend. Currently has a long time tenant (8 years in the home and re-signed another year lease in December) paying $1600 per month. The house is value...