James York
First rental- self managed
I am moving from selling my spec homes to keeping them. I am ready to lease the first one, but am struggling with the first month's rent. Let's say rent is $1000/month due on first and security deposit is $1000. Lease...
Eric Hulstrand
Farm land vs. Rental apartments
Hey All,I have kind of a unique question.I recently inherited, free and clear, 90 acres of great farm land. I also currently own 20 units of apartments (12 unit and 2x4-plexes). I am quite in debt on my rental real e...
Brandon Clay
Need to Refinance A Flip from Hard Money - Help!
Hi BP Community,I got into a flip in Pflugerville, TX (Austin-area). I could not sell it for a good price but I have a new tenant who has provided an LOI at a good price and a lease for 8 months. It may extend to 12 ...
Timothy Nelson
Lending without proof of income...
Hey guys and ladies, I am looking at purchasing some investment properties in Kansas City. I would like to secure financing with no proof of income. I have 50% down and a credit score of 801. All suggestions an...
Mark S.
Phoenix area investing
We are looking to diversify beyond our current market of Minneapolis and are considering the Phoenix area We have family living there and enjoy visiting, and we would like to start building a base in a more southern l...
Kevin W.
3 bad credit scores but 3 month security deposit ok?
Hi BP!
I want to get your opinion.
Summary:
California, Small commercial unit
3 people want to open up a retail business, but all 3 have bad credit scores (high 500's).
They are willing to put all three names down...
Brandon Sturgill
Can Someone Please Explain How Agents and Brokers are Wholesaling Property?
Guess I missed that day of ethics class...But seriously, this is a true disregard of every fiduciary responsibility carried by a licensee.
Alex Corral
Looking to buy SFR wholetail properties
Hey guys, I would like some suggestions on areas or neighborhoods for class B SFR.I would be using cash & am looking to buy about 2 properties in the 50-60k range, where the house would need only minor work, $5-10...
David Stone
BRRRR Method: Problem with showing income for refinance
Hey BP!! We have a property we have rehabbed and are considering renting and pulling out equity to pay back our private loan and fund a new deal. We talked to a credit union about obtaining a line of credit on the p...
N/A N/A
modular homes recommended?
i lookin to buy a house and rent out....
so i spoke to an investor that is selling like 15 modular homes. i told him i rather buy a house that isnt a modular. he ask me why? i said because no one was a modular. he s...