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 ...
Hey guys, I came across an interesting idea but I can't figure out if its actually legal. Apparently if you sign a lease as an LLC the landlord can't exactly control who is staying in the apartment because it is under...
Hey BP community,How is it like being an investor and an agent? I'd figure all real estate agents would invest as well, but slowly finding out it's not the case. Is it too much of a hassle? Complications that come wit...
Hello Members,I am new to BP & this is my first post ,, So I hope I get some leeway in my first presentation.I am attaching an image of a sample spreadsheet I drafted a few minutes ago - to engage and hopefully ...
I'm in a neighborhood where some folks don't have the greatest credit. I just recently heard that some spots where you rent, it doesn't count on your credit report. I would like to make sure that when my tenants rent ...
Hi BP Community!For (a) a 1st time home buyer, (b) looking for a multi-family property, (c) hoping to get a lower down-payment... what would you say is the best type of mortgage out there?(I have heard of FHA; regular...