We have had to walk away from some decent deals because rates were too high to make the numbers work.

I've been interested in real estate since high school, and I'm ready to make the plunge with a house hack.

Jim,, this reminded me of my 20 year high school reunion ( Cupertino High class of 74) I was talking to one buddy who was now a Cardiologist and had moved to Ohio.. mind you house in Cupertino at the time that used to be 30k 40k just 15 year prior were going to 600 to 1 mil for 1K sq ft to 2k sq ft..

White subway tile is one of the cheapest tiles you can buy, but to make it look high-end, try installing it in a unique pattern like vertical stacked or basket weave!

My interest rate and purchase price wouldn’t allow for positive cash flow unless I charged an unreasonable rent—or put about $500K toward the principal, which isn't ideal.I’m a high earner, so I’m weighing my options:Take the loss ($60K-$100K), buy another house, and chalk this up to a hard lesson learned.Refinance, put more money into it, and rent it out long-term—even if it’s not immediately profitable.Invest my money elsewhere and try to make peace with staying here for several years or just move.Would love to hear thoughts from anyone with experience in real estate, financial strategy, or noise mitigation.

You would need an extremely high grossing property under market value on a something like a 5 year lease to profit, and you probably will not profit after startup costs until Year 2 or 3.Do not even think of trying it with 1/2 bedroom apartments or condos nor 2/3 bedroom homes. 

IE - these are highly experienced borrowers with prior debt brokerage experience and a full in-house team dedicated to shopping debt for them.

I suspect maybe something like Hagerstown or Cumberland, which yeah are Class D like markets with declining populations, high drug problems, no strong job base which leads to non paying tenants.

I figured I’d share the mess and see what you all have picked up from your own building adventures.So, picture this: a good friend begged us to build them a custom pool house—high-end, fancy, totally outside our Class B wheelhouse.

The challenge with the BP forums is that they perform poorly on mobile in their current form.