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10 June 2024 | 6 replies
🤷If you turn down an offer, will a better offer come along or was that first offer the best offer?
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10 June 2024 | 9 replies
I've been interested in REI for a year or so, and am only just now finding out about the BP community and all of the resources it has to offer new investors.
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10 June 2024 | 9 replies
A great agent will also invest in home, pest, and roof inspections to remove doubt in a buyer's mind prior to making an offer.
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10 June 2024 | 2 replies
After house hacking it and having live-in renters for several years, I really got a taste of what real estate investing can offer.
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10 June 2024 | 4 replies
Many lenders also offer an Interest-Only HELOC, with which you pay interest only — no principal — during the draw period (Usually 10 years).
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10 June 2024 | 5 replies
Is there anyone knowledgeable in these areas who could offer assistance?
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10 June 2024 | 7 replies
I am going for a house hack with Fannie & Freddie conventional , After my 4th offer was rejected going over listing I asked the listing agent for some additional info and they stated that for this property there were 42 showings within 4 days. 1 cash offer, 1 commercial, 15 conventional and one FHA with 9 waived inspections, 11 escalation clauses and 5 appraisal gaps.
9 June 2024 | 6 replies
How can I verify the Opex of the property prior to submitting an offer?
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9 June 2024 | 4 replies
At closing I paid all of my insurance for the year so right now it is closer to $600/month.
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9 June 2024 | 9 replies
Even with the 90% LTC, I still needed to come up with nearly 20k to get into a 75k property after fees and insurance and all that junk, plus since the rehab draws are reimbursements, I needed to come up with the initial 10k for the first draw myself, so that's 30k of liquidity needed for a relatively cheap property.Â