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Hi everyone! I want to get into the game, but I'm highly risk averse and afraid of biting off too more than I can chew for a first deal. Do y'all think it's realistic to try to find a SFR that does not require a lot o...
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Hello BP Members, I am a new member from Southern California. I previously had some rentals in Ontario Canada, however, now living in the states, I am realizing that there are so many great markets. I am looking at ...
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How I Run the Numbers on a House Hack
Good morning my sweet people. This is a real example of a property that I checked out with a client - and I believe it provides insight into how the numbers can look on the...
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I'd love to hear about your experiences and how they compare to other types of commercial real estate financing. Any tips or advice would be super helpful!
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Just went to a bank I found that does the type of loans (seems like most don't), and got the following numbers:Term: 10-15 Years (5/1 ARM I believe is what it's called, but the note is 5 yrs)Rate: 6.15% Downpayment: ...
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Folks,For rental units which flooring you have been using which is economical and last long for following area? RoomsFamily room and living roomsWashroomsKitchen
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Hi everyone,I recently moved to San Antonio from Southern California to pursue the dream of financial freedom through real estate investing. I had hoped to utilize a low-down owner occupant loan (FHA 203k) in order to...
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I'm working with a partner in an effort to acquire 8 properties to buy, fix and hold. When the same private lender is providing the funds for property acquisition and the estimated 3 to 4 months rehab costs what are t...
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My Father recently passed and I simply don't have it in me to fix and flip this home myself. It seems the Denver market is slowing down a wee bit? Seems so to me. This is an ideal home and neighborhood for raising ...
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I have two questions regarding mortgage interest tax deductions.
First, last year, I purchased a HUD property at a significant discount and used a $70,000 HELOC from my primary residence for the down payment. I under...