I went to the bank yesterday and they said if doing the BRRRR strategy they would only give me 75% LTV (if held under 3 years) on the purchase price and the rehab costs. NOT the appraised value.
Example. Buy for ...

Hello BP! My husband and I made a plan earlier this year to take advantage of the hot selling market in our area and sell our primary residence so we can build our forever home on property we have. Our bright idea was...

I entered into a contract with seller and found a buyer and contracted with him. Now that I’m submitting my paperwork to the attorney I can’t get in touch with the seller to fill out seller information sheet for atto...

I am finding that I am often coming across properties that are just below the 1% rule, about .9%. Granted, this does not include any negotiations, considerations of work that needs to be put it, etc. But does being be...

If I purchase a house with cash, how soon would a bank allow me to do a cash out I''ve been told six months, but I"m hoping this is not the case. 

We found a rental investment home in a good neighborhood with desirable schools. The price is right: it needs work which we will be able to do, but the home is on a corner with a very busy street. Not sure whether to ...

Hello,
Thanks in advance for helping with this question! So here's the situation. I just got married about 2 weeks ago.
My wife's mother took out a mortgage on condo for my wife to live in when she was in grad schoo...

I am going down to Charlotte, NC in about a month so I can scope out some potential investment properties to BRRRR.  I am wondering if anyone from the area could tell me which areas you are excited about, or which are...

Looking for small multifamily properties is difficult as demand is currently high. I am curious if it is a good time to increase supply through development of new construction. I notice that there are a lot of decent ...

Hello BP,I recently listed my rental on a variety of sites, like FB, Zillow, CL etc. To my surprise I have received too many inquiries about the rental! Which I know is a good problem to have ! Unfortunately I have no...