Osama Syed
Evicting Tenants on MFH purhcase.
I am looking at a property that currently has tenants. This is a MFH with 2 Units. I plan on living in one of the units. Does anyone have experience with evicting tenants after purchasing a MFH and based on a quick go...
Pavlos Kasselouris
How to Reach the 10 loan limit Debt to Income ratio
How is it possible for someone with not huge earnings, to reach the 10 loans mortgages when we take into consideration the debt to income ratio requirements?
Account Closed
First offer on a Buy and Hold property.....Too Risky??
Hello BP!I found a Multi-Family property that was obviously priced way below market value at 20,000. This is a bank owned property and it is in good condition! All it really needs is some minor updates, paint and floo...
Moira Mosley-Duffy
Trouble Getting a Mortgage
I have been declined for a mortgage because I don't pay rent. My boyfriend pays our rent (which is high) and my lending bank has told me that they have to consider that I would be paying all of the rent someday, which...
Yitz Parnes
Why ever sell? Why not keep the asset and refinance?
As I read through and enjoy The complete guide to buying and selling apartment buildings by Steve Berges, I have a question that I hope someone can help me out with. In the chapter on the "value play strategy", he add...
Chad Clanton
Types of Renovation Financing?
Hi there everyone; for starters I just want to thank everyone for all their fantastic input on all my questions, etc. You folks are awesome! My question for today is, what are some of the various types of residential/...
Sam Amin
Fix & Flip in Warren, MI with 49.33% ROI in 4 months!
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $28,000
Cash invested: $20,000
Sale price: $80,000
We purchased this property on 11/13/19 for $28,000 off-marke...
Jennifer Dargento
*(Time sensitive!)* House Hacking for FIRST Investment
Hi all,I may have just found an opportunity to house-hack a duplex (both units for sale) in the town I live in but I don't have enough capital for a conventional loan downpayment. I'm hoping I can put in an offer ASAP...
Jerald Alford
Purchasing a Cash Buyers List
Hello folks, and I wanted to get info about purchasing a Cash Buyers List. I'm a bit skeptical and here is the reason why. I read (don't remember where) that someone was looking to acquire buyers lists from anyone for...
Taija Walkowiak
BRRRR in Lincoln, NE
Hello,We just finished a BRRRR in Lincoln, Nebraska. This is our 2nd rental we have. I have included some before and after pictures as well! So we bought this house in June for $13,000. It was a foreclosure but it was...