Account Closed
Beginning to Househack
Hey BP---
Beginning investor here looking to purchase a multi-family/duplex unit within the next two months. I am planning have most of my mortgage paid by my tenant while socking my addition towards a money market...
Guy Yoes
Excel, quick books or ? for REI financials?
My list of properties has more than doubled this year. I was tracking expenses with excel spreadsheets. I am hiring a CPA to do taxes this year. He recommends getting quickbooks. Is it worth the monthly fee, time sett...
Travis Andres
Curious about the 70% Rule for analyzing a BRRRR
I'm guessing the 70% rule is to determine if you'd be able to pull all/most of your money back out on the refi (70% LTV max)?If so, now I'm seeing lenders willing to do DSCR loans of 75% LTV, so then would I switch to...
Nick Noon
Need help with Tyngsboro, MA flip
Hello BP!I am looking to see if I could get a little help in selling my Tyngsboro flip. I bought my first flip project in Decemeber and I finally got it on the market. It's a beautiful 1795 colonial I restored at 28...
Hiram Orozco Lopez
House hacking with new construction 4 plex?
Hello everyone, I have been doing research about starting house hacking this year, I have been looking at properties to start with at FHA loan in the TX RGV area, starting with a fourplex. My BIG question here is, wo...
Jon Huber
Telling my tenants that the apartment smells terrible - in the nicest possible way?
So, this goes back to my first experience of being a landlord. A woman (who ironically was a realtor), was renting my apartment. I allowed her to have a pet, as it was a tiny chihuahua. I was suspecting that she was n...
Ben Walhood
Do Blanket Mortgages still exist?
Can anyone suggest a lender that is CURRENTLY willing to lend on a cash-out refi for multiple single family homes on one blanket mortgage? Some have current mortgages to pay off and others are owned free and clear...
Jamal L.
Ideas for commercial space for lease
Hey BP Fam, Im looking for some creative options to lease a commercial building I would like rent for on a long term lease. I will need some build out time approx. 30-60 days and would like to have rent reduced or mak...
Mike Silva
First time home buyer looking to house hack multi family in NH, but values at 600k+
Hello!I am looking for some advice on house hacking in the state of NH. I have been looking since December and have noticed the multifamily (specifically duplexes) prices increasing past the 600k mark. I am seeing hal...
Debbie Palmer
Newly empty nester venturing out to see how we like it
A little over 10 years ago we bought a townhouse in Logan, UT when our oldest went to college. Her reduced rent was in exchange for being the property manager. Now that my husband has retired after 24 years in the A...