Having a terrible experience personally with my previous HOA which might be on the rarer side, I always told myself I'd never buy a home with HOA ever again. However, the area I'm looking to invest in has mostly newer...
View reportHello Everyone,I'm trying to determine if this deal is worth my time and money. This is for a triplex in Lachine. Job is going to be a full gut and reno. Plan is to buy at $425k, invest $200k in renos and r...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $155,000
Cash invested: $43,630
3 BR, 2B SFR
What made you interested in investing in this type of deal?
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Hello BP World!
I own a one-bedroom condo that is my primary residence.The balance on my 30-year fixed mortgage is about $247,000 and the appraised value is about $320,000. The current interest rate is 4.25% . I pla...
Hi, is anyone familiar with the business ownership (>25%) self-employed rule? I heard that owning >25% of a business negates your monthly wage (even if you are a W-2 earner) from a lenders perspective for 1-2 y...
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As a first time home buyer i could qualify for the first time home buyer loan. My question: Does it have to be owner occupied for a year like an FHA loan? Or could i move out and move tenants in early.Thanks,Rod
Curious to know if any new investors with little money have tried the wholesaling approach to buying properties only to eventually acquire them and rent them out? Driving for dollars as they call it, to go out and fin...
Hello BP! Do I include cap ex or reserve when calculating NOI?
When figuring cash flow where does the cost of rehabbing fit into the equation? I am looking at a duplex which will have quite a bit of work to be done ($30,000 by my estimation). Not accounting for the large sum up f...