Frank Jones
No comps dilemma. Can you get a mortgage with only 1 comp?
My son is trying to buy his first duplex using a 3.6% down FHA 30 year mortgage. He's going to live in half while he does some remodeling. His offer has been accepted and he has been pre approved for the mortgage. His...
Cody Beard
Buying a second home - renting the first
MY wife and I have lived in our house for almost 2 years. We saw a home for sale a few days ago that caught our attention and we are considering the idea of moving but trying to keep our current home to rent. I believ...
Kyle Nicholas Yeitrakis
what all should I bring when walking through potential properties
So this saturday I will be walking 4 different properties with the current owner, my realtor, inspector, and my contractor. I have a spreadsheet made up to take notes on the current shape the property is in, but i'm j...
Aroldo Villarreal
Am I wasting my time doing this exercise?
I started a year ago and bought three rental homes and did my first wholesale in January. Since I am relatively new and still have a long way to go in learning, I want to get better at determining ARV. On my first who...
Kyle Callahan
Investment biz format
Hi -I'm new at REI. I'm just setting up now. I have a small architectural practice (an S corp) and need to isolate my REI endeavors. I have heard that it is best to set up a master corporation for REI in general, a...
Tim E.
MLS Listings
I've seen opinions that seem to be all over the map. So I thought about asking the question: Is it worth pursuing a buy & hold property once it's hit the MLS? Is there a preferred method of pursuit? In the gran...
Michael Regalado
I made the offer, now what?
When it comes to my dreams, I'm very impressionable. BP told me, just get out there and do it! SO, I did. I've made offers on a couple properties off of Craigslist and I'm even more excited I've gotten a response. I'...
Carlos E.
California landlord rights - tenant refuses access to bedrooms
Hi all,I have a tenant that I notified, I’d be inspecting the property inside and out for repairs. Things went well until we got to the bedrooms, she (My tenant) refused to show them to me. First, explaining her chil...
Garrett M.
Using off book funds to close home purchase??
I am closing soon on an investment property using conventional financing and 25% down. My question is: Is it ok if, at closing, I wire funds from another of my personal checking accounts that was not reviewed as part ...
Brandon Lahaie
Found a great deal but need more $ for the down payment
Hey BP Family:
Hope this message finds you well.I recently came across 8 unit apartment building that seems to be a fantastic deal. Numbers being $525k for the purchase and 150k down which based on the numbers would ...