Rafael Perez
Co-Signing a House Hack
Hey everyone, I want to start my real estate investing journey by purchasing a primary residence that I will house hack. Within the next 6 months I will have saved enough for purchase price closing costs rehab budget ...
Jimmy Nguyen
Paying my LLC to be General Contractor for my rental prop reno
Hello BP rental investors, I have an LLC with a Residential Building Construction Class A license. I purchased a rental property under my personal name so that it would be easier to refinance. I want to be the Gener...
Will Spence
Financing Question- Mortgage Too Small?
Hi BP, I'm looking to purchase 1 or 2 condos in the same building; however, the mortgage is probably not big enough to qualify for a loan through most banks/credit unions (under $50k per unit). The 2 condos together d...
Barry Ratliff
Briefly describe how BP helped you make money on your 1st deal.
There is a recent post from Cal C from Georgia who polled members how much money has BP made you. I think indirectly, if you have made money investing in real estate that BP had something to do with it. My question is...
Anthony Caramanica
Equity question unlocking equity at market highs
Is there anyway you can take the equity in your house now while the prices are high and save it for when real estate gets cheaper while avoiding capital gains. The 1031 only gives you 180 days.
Dimitri Paspalaris
How long is pre approved loan good for?
Question can I use an approved mortgage like a preapproved car loan and shop around or do I need to actually have a property and offer done? If this is true how long is the preapproved mortgage good for. I am new to t...
Andrew Helmke
First house funding?
Looking at a couple single family properties here in the Wichita area. This will be my first one. Trying to figure out how to fund the purchase and rehab. For example, one of these houses is 30k 3 bd 2 bath with great...
Bradley Babineaux
Getting money to get started
Me and my wife are wanting to get a rental. Problem is we are having trouble with getting money to fund our dreams. I have a decent job. I am self employed so I show a lot of expense so in turn my income on my taxes a...
Joseph Rushing
Bank wont finance using a mortgage.
How are most off you able to get a 30 year mortgage for your investment properties? Once they find out that this is not a home i will be living in, that is off the table and my only options are 15-20 year ARM.
Schuyler Witt
Second Deal (from 2014)
Investment Info:
Single-family residence buy & hold investment in Tucson.
Purchase price: $49,000
Cash invested: $39,000
This was my second real estate investment. Bought with no (personal) money...