Braden C.
Seasoning Requirements After Purchasing For Cash
I am not at all familiar with the current seasoning laws. If we pay all cash for a property, how long is the current required time period until we can obtain a conventional loan?
Jacob I Strauss
Starting Out as a Landlord of a 4-plex
Hey BP so I'm excited because it's looking like I'm going to be the proud owner of a 4-plex breaking my analysis paralysis buuuuuuut I could use some direction.
1. currently the water is paid by the land lord half th...
Tony Tran
Leveraging Employer 401k Loan
Assuming the employer matches 100% of the amount contributed. Knowing that a traditional tax-deferred 401k allows me to borrow up to half of investment dollars (that inclusive of company match funds), or up to $50k, a...
Matthew Sichel
Where to go next!
Hey All,
I’m hoping for some advice or guidance on my next move in the real estate world. I’ll give some background then state my current situation and see what you all think my next move should be.
I’m 28 and just...
Damon Aniton
New Investor. Choosing between 2 different out of town cities.
A little back story on my current situation. Unmarried, no kids and no current properties owned. I am an overemployed IT professional with an above average income from just 1 job. I am 100% remote and will never ...
Asher Anthes
Proving my rental income so I can use it on debt to income ratio?
Hi guys here's my current situation:
I've had my first house for almost a year, I have friends that rent from me (boarders income I believe it's called, because I live in the house myself?).
Not factoring utilities ...
Isaac Green
Can I get approved for a mortgage?
Hello Everyone!I am looking to acquire my first investment property (preferably a buy and hold). I live in Los Angeles where real estate is REALLY EXPENSIVE! I am a 22 year old, full time student with no source of inc...
Dustin Beam
Another screening question (bad credit vs good rental history)
Hello beautiful people of BP,I know I'll make the final call, but as a LL of 15 months I'm still trying to determine what really matters most and what to avoid when placing a tenant. And I'm not too proud to ask for a...
Keith O.
Safest place to park $250k as an income investment for me?
Hello Everyone, So I just paid my house off and am now unconventionally financially independent. I say unconventionally (maybe this is the wrong word for this ..I don't know) because while I am able to net about $13-1...
Chris McMonagle
Seller-Financing Terms - Questions to ask?
I'm considering a purchase of 3 properties, with one caveat being they need to be seller-financed for at least 5 years. The current owner is retiring and wants consistent income until he hits the age when he can accep...