Jalah Gray
First house hack/multi-family property purchase
Looking for my first investment property. I will be a first-time homeowner. I want a duplex to house hack. I plan to live on one side for at least the first year. Need advice on the best financing options? Is an FHA l...
Dazrell Fleming
Steps for buying a investment home in cash
So I plan on purchasing a home using cash is there a tool or a step list somewhere? This is what I have so far.Title searchtermite inspectionHome inspectionHVAC inspectionProof of fundsHome owners insuranceHome warranty
Jason Haymond
50% Rule - Where do I keep the money?
Hello all!
I’m familiar with using the 50% rule as a napkin number, which includes more immediate things like upkeep, property management, and property taxes; but for the long term things like a roof, what do I do wi...
Scott Robinson
I want this to be my fist purchase...should it?
I have an opportunity to buy a property for about $120k, ARV $160k. 3/2 in a decent neighborhood around DFW. House has general wear and tear but no major issues that I see and do not plan on putting any money into it...
Jason Muenchow
New Deal To Analyze - Input needed
Good evening all. I hope everyone is having a great weekend. I have a new deal that I have under contract and I was hoping to get some input on the deal. The deal is actually for two parcels with a duplex on each parc...
Paul Tibok
USDA vs FHA vs Conventional 5% for duplex owner occupy?
Hello BP, new investor here about to put my first investment property under contract! I am owner occupying a duplex and my lender just informed me that I can use a USDA loan because of the county I will be purchasing...
Marc Maser
New Investor but Found a Great Deal
I've never bought an investment property (own a 2,000sf office building for my business) and have been absorbing as much wisdom as I can from BP. I found a single family house 3/1.5 1500sf in my old neighborhood my w...
Bradley Fulp
Personal loan for down payment?
Hey guys,
What do you think about getting a personal loan for a small down payment? I'm looking at a rental property for $100,000 and I'll need around $1750 for a down payment. I'm planning on going in with a partner...
Brian Bennett
Fire Damaged Property For A First Time Buyer?
I'm looking to purchase my first property and I'm eyeing this fire damaged multi unit home. It's a short sale that's said to have mold and structural damage. I think it could be the right property to build equity into...
Max Haffner
Rent or Sell Primary Residence
Would appreciate input on whether to rent or sell our primary residence. We are looking to buy a larger home in the same area to accommodate our growing family. This would be our first time having a rental property....