Hello everyone! I have recently made my first official step towards my REI journey. Found a house in Morgantown WV that made cents, cash flowed properly, the whole nine yards. Unfortunately due to an unsatisfactory pr...
Prices are just so expensive here that nothing really seems to make sense for me to buy. You’d be lucky if you break even in terms of cash flow and cap rates are just above what my online CDs are giving me. I want a d...
Hi,
I own 3 condos in, a triplex (pending making it a fiveplex) and recently got into escrow for a SFR but will be converted into fourplex in Southern California.
I am thinking about reverse 1031 exchange on of the ...
These are the loans where a bank lends you (for example) $10,000, but you must establish a CD or savings account with that bank in the amount of $10,000 as collateral and you can't touch the account until the loan is ...
I am currently in the market to buy my first house hack in Charleston, SC. I am looking for creative ways to add value to a property and have seen a number of posts on converting garages/attics into bedrooms. I am won...
I’m from Detroit and purchased personal properties in the east subs, but when it comes to investing, I’m attempting to find my way.
I am a newbie investor that could use some help and direction. I’ve wanted to get i...
I'm on the verge of doing my first deal, purchasing a condo unit as a rental. I've run the numbers every which way and it's a great first deal for me. My lender is running the numbers and he needs my DTI to be no more...
Ok I'm being told that paying off a mortgage with a low interest is not a sound business move. I accept/believe the concept but I don't understand the concept. If I have a loan at 3% and current mortgages are 5%. ...
Hi BPers,In a dilemma now and thought of posting it here to see if others are went through the same path. My goal is to invest in an investment property (Currently narrowing down the area). For the DP, I have options ...
Hello all. First time poster here, although I have been a lurker for a few months now. I need some advice on scaling my business.
Aside from my primary residence, I currently own two single-family houses. One of the ...