David Paul Rabalais
My First Investment Property Purchase
Investment Info:Single-family residence buy & hold investment in Spring.
Purchase price: $145,000 Cash invested: $29,000This is a 3/2 home in a good, desirable neighborhood and also a good school district....
Abigail Timbol
Any Atlanta Georgia based House Flippers?
My plan, or at least the investment strategy that excites me most is house flipping. I don’t have a good enough credit score to get a traditional mortgage (my credit history is not very old) so I’m pretty certain my b...
Dan V.
Will you buy a duplex with multiple fire damage?
Hello BP community, there's a duplex across my mom's house that has been vacant for a while. Last year, I saw some people worked on it and then soon after it got caught in a fire. According to my step-dad that house g...
Lesley Nuttall
Mortgages
How is getting a mortgage loan for your own home different from getting a mortgage loan for a single family rental home? I do not have a mortgage in my name; our home is in my husbands name. Thanks :)
Joshua Andrews
Meeting investors through financial planners
I'm curious if any note investors have spent the time cultivating relationships with financial planners or advisers in order to gain access to their pool of clients? This would be for investing in notes. To me this wo...
Stephen Durante
Will a license interfere with a FHA loan?
Hi all, I've been researching a few different options to start off my portfolio. I eventually came down to the decision of using a FHA loan to obtain a 2-4 unit(3) building. I have also considered going to get my real...
Steven Primiano
Triplex in New Jersey
Hi all,I'm starting my wholesaling business and, of course, am already coming across a tough situation to judge. One of the owners I contacted doesn't want to sell his primary residence, but has a triplex in another ...
Will R.
Military VA Loan Partners
My situation.... i currently have 2 mortgages in my name. Credit score in/around low 700 but debt-income is too high to purchase a property on my own. I dont want to sell the 2 properties i have nor tap into the equit...
Mike X.
When the first/last month rent and security deposit due?
Hi I'm new to the group, but find it great educational material.I'm renting my condo in Florida through RE agent, and come to a situation where agent found a potential tenant for me, now the agent insists that I sign ...
Brennan Vaughn
underwriting 7 unit short term airbnb building
Hi all. We came across a property that is a 7 unit apartment building and converted to Airbnb. When underwriting this type of property, do we underwrite it as a long term tenant at market rents for the lenders sake? H...