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Results (10000)
Jerry Padilla Cash Reserve Requirements Have Changed!!
10 March 2017 | 12 replies

Cash reserve requirements just changed for conventional financing! 6 months PITI is required on subject property, always! If you have 1-4 financed properties than it is now 2% of all unpaid principle balances.If you h...

Dhanush Kondoth Cash out refi before 6 months
30 July 2016 | 9 replies

Hello all,I have an SFR that I bought 3 months back (cash) and I want to do a cash out -refi on this property, so that I can re-invest. The property is located in Columbus Ohio and is currently rented out with a one y...

Mike Huang Partner + Personal/Vacation/Investment Mortgages
26 October 2016 | 5 replies

Hi BP,I'm currently in a situation where my partner is providing the funds for 2 buy and hold deals but does not want to be on the loan since he has been on other deals. My income and credit are more than enough but m...

Stacy Fernandez First Fix & Flip Property
6 December 2018 | 1 reply

Investment Info:

Single-family residence fix & flip investment in Lincoln.

Purchase price: $70,000

Cash invested: $40,000

Sale price: $134,900

Our first flip! We bought the property from our ...

Obed H. Bey Aspiring House Hacker w/ Financing and No Income. Need Advice!
5 April 2019 | 4 replies

Hi BP Family,I just moved to the Philadelphia area with my wife and daughter from San Diego and don't currently have any true income coming in. I've never done a deal and I'm here to learn the ropes before diving in (...

Caitlyn Howe Owner Occupied Investment
10 January 2019 | 1 reply

Investment Info:

Small multi-family (2-4 units) buy & hold investment.

Purchase price: $182,000

Cash invested: $62,000

Two unit property Unit 1 is a 4/2, Unit 2 is a studio with 1 bath. Purchased...

Tom Gallagher Saving for an Investment Property
5 November 2018 | 6 replies

How do you all go about saving money to have an ample security net before investing in a property? Do you throw your money into a basic savings account? Does anyone use mutual funds, etc. to let your money grow while ...

Scott Dalziel Rehabbed Single Family Home in Westchase, Fl
13 March 2019 | 0 replies

Investment Info:

Single-family residence buy & hold investment in Tampa.

Purchase price: $328,000

Cash invested: $50,000

Sale price: $495,000

Purchased this Bank Owned property in an auction ...

Joshua Austin My First Investment in Savannah, GA
7 February 2019 | 0 replies

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $48,800

Cash invested: $23,500

This was an off-market deal that one of my team members found. The seller owned thre...

Shedrick Archangel Questions to ask an inspector prior to hiring
12 February 2019 | 2 replies

What questions should I ask a inspector prior to hiring?