I am building a SFH house in a college town to rent to students that I plan to hold for several years for cash flow and to build my portfolio. I financed the house with a construction loan that will convert to a 5/1 A...
This will be my first home purchase. It is a duplex that I intend to own long term as primary residence and rental. My parents want to gift my $5,000 towards the house and want to know how it will be most beneficial t...
It is Sunday night, what did you do today? My day was mostly family, as it should be. I had family from out of town staying with me for the weekend. First thing this morning we took our little guy to a photographer...
Hello!
I need to ensure that I understand the different main contracts that wholesalers use. I have quite a few questions about them, so I apologize in advance for the length. I have been searching BP for answers o...
Looking for some advice/opinions
I’ve been preapproved for 450k on a multi. Lender tells me I could easily get preapproved for more but capital is the issue as I need 25 percent down. I have a little over 100k in cas...
Hey BP Family!I just wanted to share with you a quick story of a successful deal we recently closed. I hope this will inspire someone to take the next step into starting to invest in real estate. I know the beginning ...
There is a house I am looking to purchase at a sheriff sale in NJ. The ARV of the home is approximately $700k. The property has 3 mortgages against it. It has a first from 20 years ago who's face value was original...
Hello BP community! I'm Navy stationed in Hawaii and will be moving in about 15 months. I own a townhouse financed through the VA at 3.25% 30yr fixed, less than a year into payments. I have the opportunity to refi to ...
Hi guys,Why would an investor hope to get a deal on a short sale?I understand that the debt may be more than the market price. So the bank would approve a sale at market price. But what good is it for an investor to b...
The rehabbing we're doing right now has quite a few things that are in great shape and we'd like to save for future use like toilets, heavy wood front doors, some appliances, shed full of tiles, etc. I believe that s...