Sarah Klein
Best Central Texas market for flips?
7 October 2020 | 9 replies
Double digit increase in median price sold YOY throughout pandemicWe have had the most job growth nationally -33% - since 2010 with projected continued growth through this one-off year.Similar trend can be seen in Nashville.
Ashton Karp
What computer should I invest in?
3 October 2020 | 12 replies
I buy all my Macs new from apple with the base minimum ram, then head over to OWC Digital for an upgrade.
Daniel Rasmussen
Impossible to get a loan on a single family rental
3 October 2020 | 7 replies
I bought this property a year ago and was able to get a 30-year conventional loan with 20% down.
Peter Holland
Down payment for conventional financing
2 October 2020 | 2 replies
However he's looking into doing conventional financing as a secondary option.
Jerry Hodges
New wholesaling business
9 October 2020 | 11 replies
It is your calling card online, your digital identity.
Raj Chris
Need advice on my first investment in Dunning area
4 October 2020 | 10 replies
Hi BP Gurus / Seniors,I am new to the REI and placed an offer for my first multi-unit property.Here are the details.Area: Near by Shabbona Park, DunningNumber of Units: Legal 3Built: 1950Price: $455,000 ($450k (purchase) + $5k (Minor repairs: Nice to fix but not an immediate need))Loan Type: Conventional (20% down & 2.5% interest rate)Annual Gross Rent: $38,400 (Tenants pays Electricity + Gas)Annual Expenses (Property Tax + Insurance + City utility): $10,000Parking Space: 3 (Garage – 2 & Side Pad – 1)Other details: Exterior Brick, free laundry in basement, all units occupied and it is a turnkey property.Pros: Steps away to CTA Bus Stop; Good Elementary school (PK-8); Walkable to Shabbona Park Recreation, Restaurants and Grocery Stores; 10 mins drive to Schiller Woods; 15 mins drive to Airport & low crime to visit the property any time confidently.Cons: Below average High School & 20 mins CTA Bus to Blue Line.My Situation: I will be in Chicago area until next Summer and relocate to Texas.
Jacob McCann
Need advice on first real-estate purchase
2 October 2020 | 1 reply
My alternative is a Conventional loan, but I really want to stay 10% down-payment and lower.
Heather Reed
Long term rental, fixer upper, buy & hold
4 October 2020 | 2 replies
Conventional Financing
Nicholas A.
First Duplex Purchase With A Partner
3 October 2020 | 2 replies
I would love the conventional loan, but 20% down on a $375,000 - $400,000 is huge for me right now.
Ryan Planchon
First Turnkey Property OOS
8 October 2020 | 0 replies
Conventional Loan. 20% down, Purchased Points to get the rate to 2.875.