As a person with an average salary, I was wondering what the maximum amount of DSCR loans a lender would give out would look like? I have one conventional mortgage and am looking for turnkey rentals, which there are m...
I’ve always collected rent via check, as I was house-hacking a duplex. I’m now moving out of state and will have two tenants a thousand miles away. What programs have you used for online rent collection? A quick searc...
Hello BP family, what have you found to be the best way to collect rent? I'm closing on my first deal soon and currently some of the tenants have paid cash through PayNearMe. But that service is not available to sole ...
Firstly want to thank this community and forum, I've found myself being directed back to it a number of times as I've been digging around the internet for information. I realize my situation is a complex one, and I'l...
HELP! it been 3years now I’m trying to buy a property but it seems impossible for me. I been under contract for with few properties but things always goes wrong.
I am under contract with a 3 family multi unit in New...
Hi All,My spouse and I are very interested in getting into real estate investing. We bought our primary residence as a live and flip. However, we have expanded our family since then and are looking for a low risk entr...
One thing Brandon preaches a lot is growing your portfolio. Buying 1 small multifamily opens the door to buying another and then another, until eventually your portfolio reaches over $1M. Ideally, you should be making...
Any advice here appreciated. In the last few years I took out a HELOC on my primary residence, used the funds for the down payment on two investment properties, then refinanced the HELOC into a 30 year loan (7/1 ARM) ...
Hello BP! So this is the short version, I purchased a property at a sheriff auction a week ago due to a HOA lien, which was in second place to a very small first mortgage in good standing. Through all my due diligence...
Triplex Scenario ( 3 x 1 bedroom units near military base) Purchase price - $135,000Gross monthly rent - $1,650 Was recently rehabbed and is turn key with all 3 units currently rented. Seller wants to pull out cash to...