What are my financing options if I want to do a BRRRR + STR? I prefer to use conventional loan over DSCR for the refi due to lower rates and no prepayment penalty. Specifically:
1. Do I have to purchase the house ...
Hello BP community, I've been busy soaking up BP Money podcast but was first introduced to BP by YouTube as I started exploring the world or RE Investing. I am a high school mathematics teacher in Dallas, TX, but ta...
Hello, I just finished "The Book on Rental Property Investing". I enjoyed reading the book, I found it very inspiring and informative and I appreciate how the book shows you real world examples on how you can build yo...
Hi everyone,
Anyone know any creative ways to finance if the seller is willing to finance the 20-25% down payment?
I'm looking at a deal where Fannie Mae will finance 75% of the deal and the seller is willing to car...
I've recently become involved in an HOA that is really struggling. It is a high foreclosure pocket and there are now many vacant units and non-paying owners. Only about half of the owners pay the dues. We've lost o...
Currently I use Self Directed IRA custodians (Pensco and others) to be able to use my IRA funds for investment in Secured Notes. At times it becomes a time consuming effort to deploy funds to a deal.
I am s...
Hello BP Community,I've been listening to podcasts, and reading all about rentals for the last 6 months. Now I had a quick question from all of my readings. What tells you a deal is worth your time? Looks like most of...
All, I am leaning more towards selling my Duplex. Here are my numbers:After all the expenses, my take home is around $1600/mth. The property appreciation is around 4% / year. This is low as compared to SFH. Not to...
Hi everyone,
First, if you take the time to read this, GOD BLESS because this is definitely personal. ANY advice or feedback or support is going to be EXTREMELY appreciated!
My husband and I are newlyweds and liv...
Hello BP community, I have been searching for a house hack opportunity in the New Orleans/Metairie area for around 7 months now and have come up empty. Nothing that has come on the market seems to meet my criteria, an...