What happens when I stop paying the mortgage payment on multiple properties? I do not have a choice at this time. I have a number of rentals and my cash flow is very good but I overextended myself, and my cash reserve...
Hi all, I've been saving up to buy an apartment in NYC where I live and work, but have decided to put the money to better use to invest in rental properties out of state. Complete newbie in real estate investing, and ...
Hello Community,We have an investor! Our investor is willing to loan 100% of the price, but wants the property in their name until 20% it is paid off. With an 8.5% over 30 years note. I am concerned with how long it...
Hi BP, So a friend and I are ready to pull the trigger on something. We are looking in the range of no more than $650k and are looking to find a solid first joint investment. We are currently in DC at the moment and a...
Does anyone here have experience with the Fannie May delayed financing exception? I'm currently under contract for a cash purchase on a SFH in Huntsville, AL and considering a cash out refinance under this program as ...
Hello BP community!Looking to purchase a $110K townhome with existing HCV/Section 8 tenants ($1350 rent, $1000 govt $350 tenant) with my LLC.Loan amount would be under $100k assuming I would be putting 20% down, unles...
$75,000 house with 6.5% interest, 5% down. Assuming I can get $750 a month rent, what can I expect to:
1) receive in profit each month?
2) receive in profit each month after it is paid off?
I would have a property ...
Is an increase in cash flow worth taking on more leverage?Was just running some rough projections on a 4 unit apartment we’re looking to purchase. At first glance both look the same. Until you factor in the down p...
Okay, this might be a tired old question but so far I haven't seen it covered in any detail (I might be totally overthinking the problem). A lot of people talk about using HML to get you into a deal that you might no...
Hi everyone. I am new to the site here and needed to get some thoughts and opinions on leasing a mobile home park. I have been researching flipping mobile homes, renting them, and also owner financing them. I've read ...