Hi,I would like to start off by congratulating the founders and members of BP. To think about building a community to connect people with interests Real Estate is a good idea on paper. To actually build such a communi...
LA landlords, do you charge a late fee?I'm about to list my first rental in LA (the other half of the duplex I'm house-hacking), and I don't know whether to charge a fee for late rent.If so, how much do you charge? Re...
I know this topic has been discussed within the forums, but I have struggled to find guidance. As an accredited investor, with all of the platforms and tools we have available to us now, is there any benefit in buying...
Thanks to all who offer great input and advice on this forum! I hope that in a year or two I can offer advice too!Anyway, I am purchasing an STR in Villano Beach. Its currently an active listing with a management comp...
Hello,If you borrow from your 401K through an employer, is it typically 50% of the account balance that you can borrow or is it 50% of the employee's contributions? In our case there are earnings and employer matchin...
Hey all! My name is Keenan, I am a college student new to the REI space looking to venture into my first investment property (duplex or SFH) in the next year. I have no pay stubs/proof of income but I do have a very g...
I have a paid off rental (approximate value $150k) that I was wanting to use the equity as a down payment on another rental house purchase ($200k purchase price). Is this a common thing most DSCR lenders can do? I d...
Hey everyone, we moved to a HOC area (North San Diego county) where it seems the deals are few and far between. I’ve been an Airbnb host for the past 5+ years in UT and CT and the cashflow seems really appealing in th...
I am a Broker in Texas and when I purchase residential or small multifamily (1-4) homes for myself, I write in the contract that I receive the 3% listed buyer's agent commission (in one form or another).
I'm about t...
To date all my loans have been conventional loans using a mortgage broker. I have heard this term (portfolio loan) on BP but not quite sure how it differs from other loan types. Is the interest rate the same? Qualifi...