Interested in hearing your preferred method of refi when completing a BRRRR. Trying to plan ahead, by April we'll be refi'ing 4+ properties, each with varying levels of rehab - three duplexes and one 4-unit.I know we...
Last night we were notified that Fannie Mae is making some changes to their Rental property and Second home purchases. This morning we are getting more clarity. There is not going to a standard LLPA (price hit) in a...
BP Nation,I keep reading again and again how important DSCR Loan Brokers are, but have been unable to find one by searching. How can I find one - I'm in Colorado but know there are many national DSCR lenders. The 4 un...
Anyone have resources for Landlords to navigate the monstrosity that is New York State landlord - tenant laws? NY.gov has some resources, but they seem to be more pointed at tenants. Any experienced property owners in...
I know that a lot of newer investors have trouble understanding the rental license process in Philadelphia and what must be done. Below is a step by step process of what you need to do to get a rental license. Once yo...
BP Community:
I would like to get some feedback from you all. I'm exploring the option of refinancing several commercial loans that I have and engaged a mortgage broker. Actually, the broker was referred to me. My ...
Hello All!I am considering a 1031 exchange for selling a Single-Family Residence (SFR) in order to purchase either a commercial land/pad site and develop houses/office buildings on it. I have a few inquiries regarding...
Its always interesting showing a rental . I always show up in my work truck dressed in work clothes . Its a 2 bed 1 bath on 1/2 acre good neighborhood and schools . Had 2 couples show up and 1 single guy , and ...
Purchased a house in 2019 but the rehab / start-up carried into 2020 before being ready to rent. I understand most of what I've read about capitalizing start-up expenses and the $5000 rule. I read somewhere, can't f...
My newest possible ternate is a family that has lived in the wife's parents house for 6yrs. She says her parents moved to a retirement village so she moved into her childhood home and paid her parents rent to help the...