Nate Rodriguez
Taking the plunge -- uniquely positioned. WWYD?
Quick background: 21 years old and Connecticut based. I have secured over $20k in just over a year in anticipation of what will be me quitting my full-time job in Market Research and pursuing Real Estate full time, Ja...
Carlos Flores
Financing multiple 1-4 unit properties with Fannie and Freddie
I've seen several posts lately about the number of 1-4 unit properties one can finance with Fannie Mae and Freddie Mac, and their respective guidelines. While the two GSE's are somewhat similar, it's important to reme...
Matt Jones
Do you rent to someone without a job but with money in the bank?
"I'm moving to the area and I have plenty of money in the bank but I have not secured a job yet. Will you rent to me?"I seem to get this question every so often and I was curious what other landlords and property mana...
Dina Joseph
Investing as 1099 employee
Question: How can I invest as a NEW 1099 employee (Ex. independent insurance agent commission only)? My last two years of taxes are from a different W2 job. How can I prove to the bank I can afford a property? I would...
Linda Thomas
Tenant moving and adult single son wants to take over house
Good evening! I have a long term tenant (going on 10 yrs and the rent is way below market rates). Tenant lease is up in 60 days so I sent the renewal and or option to vacate with only a $45 rent increase (I know I sho...
Michael Willis
Funding RE investments with home equity
Long time lurker here who doesn't post often. I live in the Bay Area with a lot of equity tied up in our home. As many already know, Bay Area prices are crazy high.
I am wondering if it is unwise to fund a RE invest...
Bob Malecki
Borrower BK 7 Discharged but not closed?
I just purchased a 1st position NPL on a home in Oklahoma and found out from FCI's bankruptcy specialist that the borrower had a Chapter 7 bankruptcy in 2009 which was discharged in 2012 but not yet closed. This was n...
Nate Burnett
House hacking, Multi family, long term tenant way under market
Hi all,We're looking at a property that has been owned by the same person for 40 years, they've had a tenant in the other unit for 10 years. Market rent is about $1600+ for the unit and they're paying $1200.I don't wa...
Chris Bingham
Dangers of renting to someone with poor credit?
I'm considering renting a spot to an applicant with very poor credit. To offset the risk of the tenant potentially not paying rent I am considering a deposit that is more than 2X their monthly rent and only offering a...
Alex Long
Structuring a 50/50 partnership w/ my parents
Hello BP community, new investor here, I recently found a rental property that produces a great CoC return. Turnkey Duplex already producing cash flow at current rents. After running the numbers by my parents, they ho...