Hi all! I'm trying to understand how a cash out refinance typically works.
Let's' say I've refurbished a property, its ARV is $100,000, and a bank will offer a 70% loan-to-value cash out refinance.
Would this mean I...

Hi all!I live and work in NYC in software engineering world and really wanna start building up a portfolio of properties to have some passive income in the next 5-7 years. My goal is to be able to take a lower paying ...

Looking to remodel a multifamily and brought an architect in. What i want to do is either put a bedroom in the attic for one of the units or put an addition on the home for a bedroom. This way we’ll add more value to ...

I’ve found a few triplex’s in my area that make for great house hacks. I just got off the phone with my lender, and he said that FHA loans are generally difficult to do for 3 and 4 units, because the other units renta...

I've been told that some people will charge first AND last month's rent (in addition to deposit) for higher risk tenant. For example I have one now that has terrible credit but they are blaming their ex-spouse for th...

I am new to wholesaling and went to one of the houses on my pre foreclosure list and found out the owner of the home had passed and it was currently her son living there after going through the house and looking at re...

Hello BP,I am wondering if I am correctly protecting myself with the current house hack that I am doing. I recently bought a property and currently renting out one of the two rooms (with the second one to be soon rent...

In California. I am in process on a refi of a 4-plex rental property via Finance of America Commerical. We've already completed appraisal. FoA is requiring they be listed as "additional insured," which my insurance po...

I purchased a beach cottage on the East side of A1A in Palm Beach County Florida back in 2006. When I purchased it the previous owner made a comment that the neighbor built this room addition which was built right on ...

The issue I am running into is understanding the additional insurance the law requires me to carry (in addition to AirCover). I was reading about some of the legislation passed in recent years in the area and it appea...