I have 30k to invest in a fix and flip project. I am quickly seeing that this is a very small amount. What type of lender and terms should I be looking for? Lenders will require down payment, closing costs, reserve...
Hi all! I've been reading a lot of forums on BP and saw many people say that 5% down conventional loans on a owner occupied fourplex is no longer existent. 3 out of 4 lenders I've reached out to also told me the same ...
Hi all! I'm researching STR options for my first investment, and I'm wondering what areas of California are prosperous for Airbnbs? I know Joshua Tree is booming, but I'm wondering if I've missed that wave? I'm intere...
Hi, I have a tenant who just gave her 30-day notice to leave the rental. I told her that I'd let her know in advance when a candidate tenant wants to come see the house. Her response was no, she is not going to allow ...
Hello BP Family! I used the VA home loan last year to purchase my current residence, and I've heard that the VA will lend on investment properties as long as they are owner occupied. If any veterans have had any succe...
We have purchased our first BRRRR duplex, renovated, rented, and now are refinancing. The lender I am working with said that I need to own the property for 6 months before refinancing. We purchased the property with...
We took our 50K maximum loan allowance from my wife’s 401K for d/p of two properties we bought last year. We’re hoping to access some more of the money for d/p of future deals. Any input on this is very much appreci...
Hi all,I am working to secure a land deal and then am going to develop it. I need help drafting the plan for one of the structures that will be on the property and am looking for an architect or engineer that would b...
I have an owner occupied townhome in my name that has about 40% equity in it. I am planning on moving out and adding it to my rental portfolio.
However, I need that cash I have in the house. One solution that comes ...
My father rents a place in upstate New York, they moved out over the weekend and the tenants trashed the place. Trash all over and smells of dog poop, just really gross. I know New York is more of a landlord state so ...