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I might have an opportunity to buy a one third ownership in a nice single family property. The property is well maintained from the outside. It is owned by a husband and wife and another family member. Assume that I c...
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As we all know the market has shifted a great deal over the last 6+ months. -Fragmented local markets, in regard to supply and demand as well as appreciation and depreciation rates-Assumable and "subject to" loans-Dem...
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It's been awhile since I posted in the forums, but I'm having a really weird situation with my water heater.This is in San Diego, CA. Within the last year and half I have had three brand new water heaters corrode and...
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Should I stop making extra payments on my mortgage?Before I started looking to invest, I wanted to pay my mortgage off ASAP. I always put extra money towards it. I wanted to accomplish 2 things1) pay my mortgage a fe...
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Is there a set timeframe that must be adhered to between when an applicant submits and pays for an application to rent a unit and when they must receive a decision by? I am in the process of renting out a home and aft...
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Hi All, We currently own a triplex, it's basically a duplex with a small single family sitting behind it. The property has a slab that I think was used for a basketball court at one point and we measured that it could...
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Ah yes, the Capital City.
Raleigh is a the Capital of NC with a population of ~470,000 population (2nd largest in NC and 40th in the US) and employing 259,000 people- a growth rate of 1.59% Year over Year. Raleigh is...
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Hi BP friends,My wife and I just bought a 3plex (woohoo!). We are happily bringing in about $700/door and are super happy with being first time landlords. We're mostly curious about what to do next... We want to get t...
Hi, I'm looking for banks/lenders who would do a $400,000 improvement/construction loan in the Los Angeles area. This is for adding another level on an existing duplex. I called First Republic and our loan amount is b...
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Okay, so I have one house, I just cashed out a bunch of my equity in it, refinanced at 3.75% fixed. So, now I have about $70,000 ready to invest.
My plan as of now is to buy another house with FHA 203k financing, mo...