Hey peeps.I recently found a deal I wanted to conventionally finance it. I asked my agent to give me a lender, and he gave me 3.Me, not really knowing what I'm doing I asked for a pre-approval from all 3 of them.There...
Hi all,After trying to do this in Denver for my nephew, I am now braving another hot market in Portland to find a place for my 2 daughters who just graduated and live there. Prefer a close-in SE Portland (love Sellwoo...
My current understanding is that my DTI will actually get worse as I acquire more properties even if they have comfortable cashflow margins. Example below to try to explain what I'm thinking.-----------Let's say salar...
Hello all,I live in VA and bought 4 rental houses in MD. I used equity loan of my primary house to buy them , 4 of them are clear and have more than 30k cash for down payment if needed.So I am wondering if you guy...
I've watched the BP webinar on the BRRRR method but I'm wondering how this works if you buy the property in your name with the goal of moving it into a holding LLC after the rehab. Will banks allow you to refinance o...
Good day BP!Yesterday I had an opportunity present itself that looks pretty fair on the napkin. Still getting some numbers to create a more thorough analysis, but my question comes in for financing.The opportunity is...
Sorry for the newbie question but I wanted to confirm with BP that it makes more sense for me to cash out refinance vs. getting a HELOC.Current situation:$190K balance on primary residence (Property A)Fair market valu...
Long time forum lurker and podcast listener. Looking for advice on what route to take in order to finance my first property or two. I am looking for a long term hold that I intend to rent out. However, my situation i...
Hello! I am actively looking to purchase my first investment property and multi-family homes interest me the most. I just uncovered a local opportunity that I'd like to run by you. We are in the process of selling ...
Hi,
My name is Patesia or just Pat for short. I'm new to investing and have done some research and listened to podcast and I'm looking to buy a multifamily in Jacksonville fl using my VA loan to house hack. My ques...