Simon Cox
Advice on financing my first multi-family!
Hey BP friends,I'm looking at buying my first property and was hoping to gain some insight on the best way to finance.here are the details (I'm trying to be very conservative with the #'s):4-plex @ 100% occupancy comb...
Miguel Martinez
Private lenders for creditless foreign student
Hi everyone, so I graduated a year ago in an MBA program in a nice school and now I have a great stable job reasonably well paid. I am here in a 3 year work permit after my studies but my status is still student. I am...
Chester S. Chincuanco
How to tap into my equity?
Hi All, I've been living in my house since 2008 and been house hacking before I even knew there was a term. I currently have a full house, with 4 renters, a dog, and a 2 cats. So how do I tap into my equity to secur...
Torianne Baley
100% Financing Experience
I have been speaking a lot with PMLs, specifically the one's that offer 100% financing LTV and LTC
My concern is that they keep asking me for a loan origination cost, which seems like a scam to me
For instance, one ...
Chris Heeren
Finding/Screening Tenants
I just bought my first rental property last month and am just finishes up the remodeling and ready to rent the bottom unit out. I made a quick post on Craigslist and have received 10+ phone calls in the last 2 days...
Nicholas Frugale
Has anyone used the Zillow application / screening process for their rentals
Hi All,I am in the process of listing my first rental and was wondering what everyone's thoughts were regarding the Zillow Application and Screening services for tenants? Has anyone used them and what are the pros an...
Katie Panzica
Options for financing when DTI is high
Hi all! I’m just looking to get into REI and am unsure about what financing route I can take. I currently live in Southern California and our family primary residence, not surprisingly, puts us at a pretty high DTI r...
Albert Young
How co-borrowing impacts future debt to income ratios
I recently purchased a triplex with my in laws. It is a shore property that we plan on renting two of the units seasonally and keeping one unit jointly for our own use over the summer. Both my wife and I as well as ...
Ryan Morlino
How to structure bank accounts and business vs. personal
My wife and I are in the process of filing for an LLC through an attorney before we start our rental business in a few months. I have some questions about how I should structure my bank accounts and which need to be ...
Account Closed
Burned on foreclosure purchase
I was wondering if there is any investors who would be willing to share a horror story on a foreclosure they bought only to find they got more than they bargained for.To get the ball rolling he is one of mine.The stor...