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I own 7 residential condos as part of a mix use property with 11 condominiums. There are 7 residential units and 4 commercial units on this property. I own all the residential units. The water and sewer are shared. ...
hi,im currently looking at a 2 family home,can buy it at 100k with value add opportunity of putting in around 15k and bring the value up to 150k.Question is do i put in the 100k in cash,do my add on and the get a mort...
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Hi guys so I have a question ? I currently inherited a property in downtown bk. I refinanced it for 420k. I rent the one duplex for 10k a month . My net is 6 k allIn . So I’ve read all the books flipping / brrr. W.e u...
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Sherman Bridge Lending-User BewareFalse promises, bait and switch hidden fees and spiked interest rates.Name of their game-- keep you locked in the hard money as long as possible.I've been using Sherman Bridge for the...
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I have found a HML that will lend up to 70% ARV at 12 percent. The closing costs are 3000 (which includes one point at closing) and there are 2 points due at payoff. Draws for rehab require inspection at a cost of 125...
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Hello All,I'm in the process in buying a second home for the purpose of renting out. I plan on going with a conventional loan at 20% down, the loan officer I'm working with has me pre-qualified and has the interest ra...
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1.0 IntroductionI really enjoy reading other investors' diaries of their stories. I always learn a thing or two from what they did right and what they did wrong. It is also what led to my first diary on BP - I want to...
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I am a newbie to this forum and eager to learn real estate investment. I am wondering if any experienced investors can share your input about our case.
We bought a split level single house in Vienna, VA at $439K seve...
I've been reading for a while and am fascinated at how some people have the cash on hand to buy:-Properties out right with cash-Multiple properties with 20% down paymentYes I understand there's many ways to finance bu...
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I am an amateur when it comes to real estate investing. However, in 2012 I made a homerun deal that if managed properly it can get me to my new realized dream of becoming an actual investor. Here's the deal:I bought a...