Hi BP community! My partner and I just had a deal on a Baltimore (21213) row home fall through on appraised value.Here's the quick and dirty:We agreed on a $74K sales price for a recently rehabbed lead-free unit. (I'm...
Hi,I'm trying to get a handle on what my options are once I reach 10 financed properties. At that point it's into the commercial lending business; is every loan there on out 30% down, 5 yr adjusting rate? There must b...
Hello, I'm under contract for a new build townhome in Charlotte NC. We plan to rent it and hopefully see some appreciation over time. My issue is we close in Aug/Sept and the rates are obviously climbing. when I spea...
Hello BP Community,
I have made my way back to the proverbial start of my real estate journey. I learned a lot about real estate from the BP community and put some of that into action. I have been very busy as the l...
HiI know this question has been asked and answered before but in using the search tool I didnt really find anything answered recently. I'm unaware of things have changed as far as comps. The property I have is on 5 a...
Hello Everyone, this is my first post and I am very impressed with the knowledge and expertise of the BP members. I am a newbie in the DFW marketplace and need to secure a competent and trustworthy contractor that...
Hey, BP Crowd!I'm curious to hear people's stories of someone who wanted to invest in rental real estate but got in over their heads through taking on too much debt, stumbling during rising interest rates with an adju...
I'm an ex banker turned contractor from the southern nj Philadelphia metro area.Used to do a ton of construction loans and want to make sure I'm still on point when discussing at a high level with customers.Is the adv...
Is the Canadian housing market at risk of experiencing a 2008-type collapse? Back in 2019, the Bank of Canada dropped its benchmark interest rate to nearly 0% making it a lot cheaper for citizens to take out mortgages...
What does everyone know about Opportunity Zones? I know that its a great tax benefit for investors who hold for 10+ years. I also know that they are specific to low-income areas around the country. As a new investor w...