I own my own business and as many self employed people do, they write off as much as they can. I've learned lenders don't like this.My W2 is $25,000K1 is around $11,000Car payment is $498Credit card #1 is $15 minimum ...
Hello,I'd like to receive help to understand which are my options in order to get a mortgage, since I am not US resident.Let's say that my target is to buy properties in Indiana and the value should be around 300,000$...
Hi BP,I have a duplex that I plan on using as a long-term rental. There is a single bathroom in each unit. In each bathroom there is what appears to be an older clawfoot tub that has been "built-in" with painted ply...
I have a condo in Hoboken NJ with 300k in equity. We purchased it in 2008 for 440k and it’s estimated value today is 700k. It cash flows 250+ a month which is positive but has remained steady for the last 5 years. A...
Hello Everyone,I'm currently taking my first real steps towards my REI education by listening to the entire BP podcast library from the beginning while working one of my current day jobs as a personal shopper & de...
Hi I'm wondering the possibility of buying a property from my father in law who lives out of state. He would be doing a 1031 exchange for a house he currently owns in his state to a house out here for us to rent in WA...
Hello, I’m in the middle of securing my first multi family property. I have the funds, and 700 credit score, but unstable income.What are the best options to lock in lending for this deal besides getting a co-signer? ...
I live in California and am thinking about investing in a fourplex in Utah? My fear is my responsiveness to the rental. I've been told to hire a property manager, however, they can suck up much of the profit. Those...
I hear that it's hard to find someone in Texas who will do blanket mortgages. Another lender who is also an investor, says its really not allowed in our area but she knows it happens. What are y'alls opinions on blank...
Hey everybody, I just had a crazy thought and I was wondering if anyone has tried it. That is, since most people get paid on a bi-weekly basis, has anyone ever tried offering rent payments being due on the sa...