I have bad credit; some old medical bills, one bad credit card and some student loans as well. My credit is shot for now, and I have been slowly repairing it and paying things off, but no bankruptcies.
I am...
Ok here is the situation I close on my first house ever on Thursday and I am nervous as to how to handle this situation. I have a tenant upstairs who has been there for 4 years and is on a month to month lease, so bas...
Hey everyone, I had a quick question that is more about morality than technicalities.I'm currently looking to try to get into an owner occupied small multi-family property, to start trying to build a portfolio of rent...
I was curious about this company who is offering me 80,000-100,000 from a line of credit. My fee would be $8-9k which would be taken from the backend. So basically,they would approve me based on my credit score. Then ...
I’ve had my tenants for the past 3 months and they’ve been great. Paid rent on time, communicated and are clean and quiet neighbors. Recently, the husband went to jail for a problem the wife is leaving him for. This p...
Bought a new build townhome for $525k just over a year ago with 20% down securing a 4.2% interest rate. PITI is $3,100.Moving out of state in a few months.There are still new builds identical to my model for sale goin...
Hi, I’m someone who’s been interested in REI for a year or two now and I’m just trying to take in as much information as I can. I only want to focus on buy and hold investing in long-term rentals, specifically SFH and...
What's up BP! So I'm looking to get into an investment property within the next 60 days (🤞🏼) preferably a multi-family. My issue is, I'm stuck when it comes to knowing what course of lending to go with (I have excelle...
Hello fellow BP'ers,The wife and I are having our first not quite sure what to do moment as landlords. Background: We bought our first duplex in October 2018. We inhearited 2 tenants that were had been there for 3 yrs...
I recently purchased a 4 plex in a rougher neighborhood. Many people responded to my vacancy units ad on craigslist. However I am running into problems that neither they are not qualified, or qualified tenants don't l...