Philip M.
I need Lending help
Anyone have any suggestions?! I need to find lenders who are less concerned with my personal w-2 income and more focused on the cash flow of the properties I own and the 6 yr track record I have of managing them and p...
Scott Kohlberg
Where can view the average mortgage rates in my area?
I am just looking for some website to look for the average mortgage rates in my area, so I could do some number crunching. I am just trying to overcome my first investment property.
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**PLEASE READ!!!** HELP!
What's goin on, giant problem, hopefully someone here can point me in the right direction. Interested in buyin a tenament home maybe like a fixer-upper. Ok here's the problem. How should someone that: owes almost 2,50...
Michael Pouliot
What rates are you getting on SFH rental properties?
Hello Everyone,Apologies if I am posting this in the wrong area of the forum.I am trying to find out what rates and terms lenders are offering on fixed rate rental properties (non-owner occupied) in your area.Mostly, ...
Andrea F.
Been using cash, time for financing...
Hi All - been using cash to purchase properties, but now may have to turn to financing to acquire more properties this year. My goal is 3-4 more single family homes this year (rentals, and perhaps a flip if it's the r...
David M.
How do I leverage Capex/Furniture?
Hi BP!Let's assume $50K in capx/furniture per property (vacation rentals) for this thread (most of the $50K is furniture).I am looking for some creative thinking on how to get additional leverage for that $50K besides...
Patrick O.
First time renting to tenants
Hi, this is my first time renting to a prospective tenant. The tenant will be living with two of his brothers, one on disability and the other is employed. Is it recommended that we run a credit and background on all ...
Nicholas Zeiler
Give me some advice on these closing costs. Thanks!
Hello,I would you all to look over these closing costs (all personal and bank info is redacted).The purchase price is 400,000 and I am putting 16k down. Closing costs are coming to 30k. That seems high to me but maybe...
Joseph Hammel
Future move tax implications.
Hello BP community. In a few years I may move to Wisconsin from Minnesota to be closer to my wife's family. All my rentals are in Minnesota. Most are in my name and a few are in a LLC in my name. The LLC ones just "fl...
Lenin Belangonda
menatlly disabled
Hi, I have an applicant with a 60 year old brother with mental illness. Applicants income, credit and rental history is good. It doesn't feel right to reject some one because of the illness and may be legally wrong t...