Hello BP, do lenders look at and/or consider rental property income when applying for a loan? In other words, let's say I make 60K from my W-2 job and 5K from rental income annually. Do lenders even consider the 5K as...
Greetings!After years of reading books and listening to podcasts, my wife and I decided its finally time to move the ball forward and explore pulling the trigger on investing. Initially I am thinking a fourplex is an...
Hi All,I will relocate to San Antonio this summer and want to find a great deal on a small multiplex, house hack and employ the BRRR method to generate some momentum. I'll have 30-50k to put into rehab and/or pursue n...
California is typically a hard place for cash flowing properties but due to the new light rail coming in that is currently being built from fresno to Bakersfield this looks like the trigger event that could help inves...
I’ve been pondering whether or not to hold onto a condo that I’ve had since 2008. It was my first home which I converted to a rental in 2010. It cash flows ~$450/mo. when it’s not vacant. But that’s the issue I’ve run...
Link: http://www.mortgagenewsdaily.c...
March 11, 2021
"The letter focuses on thenew 7 percent limitation on acquisitions of loans secured by second homes or investment properties. All limits are measured as 52-wee...
Can anyone tell me about the North Highland area in OKC? Is it safe? What level neighborhood would you categorize it as? I know this was previously a rough area, but it looks like a lot of rehabs are being done. Appre...
Looking for some advice. I live in CA and I am eligible to retire in 8 years. My primary residence is currently valued at about $675,000 and I owe about $250,000. My loan is a 15yr and I pay extra each month with th...
Hey folks,In 2012, I bought a 2 bed 1 bath townhome in the Denver metro area for $35,000 through a self directed IRA that initially had about $50k. Had the property appraised last month for about $120k. It rents ou...
Hey guys I'm wondering what you guys are thinking about using hard money to fund my first deal drop your thoughts below.