Hanan K.
HELOC affects on DTI - question!
Hello BP members! We are preparing to leave our W2 jobs in a few months to move into full time real estate investing. We have a good amount of equity in our primary residence as well as one of our rentals and we would...
Curt Smith
Difference with a lease + contract for option?
I'm tweaking our owner finance program our company has been using as a way to find good folks but currrently have bad credit. We've found selling when you say "owner financing, wrecked credit is ok" has many advantag...
John Thedford
Tenants Shorted Rent Check $75..And I DON'T Back Down...
I have new tenants in a SFR. They had repairs done without my knowledge or consent. Had I consented, I would have the repair company send me the bill. I will NOT allow tenants to have repairs done and then deduct that...
Nicole Wood
we were Denied....again
well.... we just got denied for another loan...DTI ratio too high for me and my hubby. I'm starting to get discouraged. I wish I would have found this site years ago or read rich dad poor dad. Too many credit cards......
Michael Dunn
HELOC vs a Cash-Out refi .... Pros and Cons of each ??
Hi,I need some help in figuring out what my best course of action will be , given the following situation.....I am looking to Get the Equity out of my Primary come the first of July ( about 3 - 4 weeks from now ).I ha...
Nathan Ryder
Is Real Estate Options a Good Tool?
As a new investor I am trying to fill my "Toolbox" to close as many deals that come to me. I have come across many ways to invest. I have learned wholesale so far, but would like to have another option for those tha...
Christopher Kelly
Looking for advice on selling vs. continuing to rent
Hello,
A little backstory on my situation. I inherited a fully paid off single family rental property in 2019. At that time, we decided to leave it as is and continue to rent to the long term tenant. He passed last m...
Jordan Archer
Can you take over FORECLOSURES subject-to in FLORIDA?
Hey Florida BP-er's,I heard that if someone has been filed for foreclosure in Florida, who is also an owner occupant, you CAN NOT take over their existing loan subject-to...Can someone verify?Thanks,Jordan
Tanner Marsey
What would you do in this case....?
Good evening. I am at a crossroad and I was hoping the fine people of BP could weigh in. I currently own a 2 bed/2 bath condo in downtown Huntington Beach worth somewhere in the 450k ballpark. Rents for 2500. Bought f...
Christian Mercado
Wanting to buy 1st apartment complex , important questions!
Hello,My partner and I are looking to buy our first complex. Have a few questions.I have established a relationship with my bank and spoken to them about my goals of purchasing the apartment and they are open to it. 1...