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As a mortgage banker, I often get asked about the Freddie Mac Small Balance Loan Program for Multifamily Properties. Its a great program so here is an overview for people that are interested in learning more.Freddie ...
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I got into R.E. at the height of the sub-prime meltdown, starting with residential loan mods....what a nightmare!
I hear that company is now doing Debt Settlement.
I then got my R.E. License with the intention of bec...
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Hey BP family!! Was reading up on the VA Loan and how it works and reading some posts on BP specifically Chris Mason, Lender in CA (#1220177) on "VA Loan for 2-4 units, what you need to know. Active or EAS'd." today a...
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I have a prospective tenant that has a credit score of 627 we require a 650 score. I have been one to stick to my guns and had people to get co signers. But then he offered to pay the entire years lease up front. Is t...
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I recently purchased an eight-unit apartment building in Killeen that needed major renovations (currently underway) and only had one unit occupied.
Although it's been two months since I closed on the property and th...
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Hey guys,First post here, and new listener of the podcast. I own a rental condominium in San Diego, and have had a long term tenant stay there since July 2018. He paid always on time in 2018, until he renewed his lea...
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Hello BP!After reading the House Hacking Strategy, I’m looking to make the plunge into my first house hack.I’ve been searching Lakewood, Ohio City, Shaker, and Cleveland Heights since March 2022 and have come up short...
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I cant seem to find an EXAMPLE contract to look at
I want to put houses under 30+ day contracts then sell them to investors, It is illegal here in Alberta but there is a loop hole I forget what you put on the contrac...
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I need some assistance. I purchased a multi-family property in Indianapolis, IN that is zoned as a D8 (can be a SFR or multi-family). It is a 4-unit multi-family, ~3k SQ FT, and it is a full rehab project. I am upd...
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I'm ready to move onto my next house hack. I'm in the Tampa Bay region, and would love to find a place directly in Tampa. As many of you know, Tampa is expensive. My W2 income wont qualify me for anything in that area...