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Happy Memorial Day all,I live in Baltimore and there’s a good investment property that I’m very interested in. The problem is that it’s going for under $50k and lenders don’t like to lend under that amount.I also have...
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Hi! Looking for advice on which zip codes to target for rental investment in the Richmond area. I live in Nova / Loudoun county so this will be up-to 2+ hrs drive. Therefore, looking to target only A and B properties...
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I'm trying to wrap my head around whether a HELOC is a good idea for an investment property. I applied for a HELOC and got a "counter offer" for a HELOC - Interest Only. Is this a good strategy to use for making dow...
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here is my deal, the listing broker says cash only deals...its a 2 family...100K price, needs 10K in work...rents are 1200 and 1500
my ? is if i do a cash deal it will be all of my cash...i wa...
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If you had the chance to invest in your first property, would you choose a single-family home or a multifamily property? I’ve heard arguments for both, but I’m curious—what’s your preference, and why?
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Hello BP, when looking at properties I spend all of my time looking for multifamily homes, this is because even though I know the SFH is the most profitable I don't know what to do with the home after I move out. It s...
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BP,Scenario - Properties are cash owned. Properties cash flow nicely. All Non-owner occupied multi-families, 2 - 4 units. All properties are part of an LLC. My business partner and I are 50/50 partners of the LLC....
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Hi, looking for insight on how best to structure loan agreements with private investors to syndicate money for short term rental investments. Looking to raise $100-400k per investor so wondering if 8-12% annual return...
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Hey BP,I am currently stuck trying to make a decision whether to go all in on multifamily, or single family rentals. I am 26 and currently have a 10 unit, an 8 unit, a 5 unit, and a duplex. Obviously there a pros and ...
Want to buy and hold and fix up. Lender gave me these terms. Should I try to get them to extend term to 24 months and drop the origination fee to 1%? I have no experience in commercial loans. Thanks in advance!