So my husband and I are currently renting but we want to eventually have our own home but we also want to get into Buy and Hold real estate, for the extra income. My question is should we first buy a home for us and t...
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $99,000
Cash invested: $40,000
This duplex was not in great cosmetic shape when we purchased and was rented ...
I have noticed that a significant number of people into rental real estate also one their own property management companies. My wife and I have a few properties that we currently manage. Is there an advantage to makin...
Looking for some clarity to refinancing to eliminate the PMI on my FHA loan. I've talked to bankers and they have told me that once I have 20% equity I can refinance and the PMI payment will be done. My main question ...
Hey guys!My current partner currently owns 90 units, all multi-fam. He is currently passing up deals because we no longer have any capital. We created a private placement fund and am about to starting asking friends a...
Hi BP,I am rehabbing my bathroom in my house hack right now and after demoing the wall I realized the studs were pretty new so I am assuming they are not the original layout. Plus the work is pretty shoddy from the pr...
Hello BP’ers,My wife and I have decided to keep our fixer upper in Marin CA. The town we are moving to allows for ADU units and our property is a good size. Our thought is, we would be able to build an ADU quicker t...
How long do you have to be landlord to use you rental income on home loan?
How difficult is it to obtain a mortgage - even with 800+ credit, if you wait to take out a mortgage until after quitting your job?
Hello All,Quick background.. I started real estate in 2005, bought multiple properties (high-interest loans, arms, etc.). I had no idea what I was doing.. (was 21). Went through the recession and ended up short-sellin...