Hyunwoo Shin
Buying primary residence and rent out right away.
Hi, I'm getting my first home it's going through appraisal.My question is is it smart move to rent this property as lease option? or just regular rent?I know there is little chance of tenant would buy it in their firs...
Jason Turgeon
Middle-income senior housing strategies
My wife and I have aging parents, so this is something that's been on our minds anyway. Now this article in today's Boston Globe discusses the huge need for affordable housing with resources for some sort of assisted ...
Paul Jones
How do you pull off the cash out refi in Texas or finance multiple rentals with TX50A6 statute?
I am a newbie, but I have one free and clear rental SFH with excellent cash flow. I wanted to do a cash out refi of about 50% LTV to get the next one or two, but was told by my banker, "can't do it." He said no b...
Blake Ramsden
Mobile Home Friendly Lenders in Texas
Good afternoon everyone,I'm looking to do a cash out refinance on my 15 acre property that currently has two mobile homes on it. I occupy one as my primary residence and the other is a rental, this is my only property...
Tucker Long
Marketing to attract new home owners to park with vacancy
Hi,I'm brainstorming with a family member who is part owner of a mobile home park in Ohio that has about 100 lots. The park is the nicest one in the area, we just need to fill the empty lots. We've thought about about...
Cameron Mitchell
Approve or Deny Tenants?
Hello BP,
I am having difficulties renting out my property in the winter. I have had two applications. It is a couple, one has a good credit, almost hits the income required, good credit score. Her Boyfriend isn't th...
Charles Player
Can a portfolio loan help me?
I own a house and I have one rental. I'm looking for a second rental. Will a bank give me a portfolio loan to buy a house? I'm looking at houses in the $80000 range and lower. Credit is like a 720. Can any banking pro...
Art Maydan
Avoiding Section 8
I bought a duplex that I want to house hack. We just listed the downstairs unit and I’m getting a lot of people asking if we work with Section 8. Can I legally tell them “No” because of the ‘Choose your neighbor” laws...
Chris Mason
HOW-TO: Election Hedge your Mortgage Refinance?!
Hello! Not a lot of posts from me of late, I have of course been buried. I wanted to pop my head up for a sec, just to leave a quick note on something.
For those that have not already refinanced and gotten their #co...
Monica Young
Should I use a 401K loan as a down payment for a rental property?
My husband and I are thinking of using a 401K loan as a down payment on our first multi-family rental property. We may or may not live in it as well. We both work full time and we'd like to use all of the cashflow to ...