If a property is listed for $450K, I'm pre-approved for $410K, but I do have a HELOC ($140K) to utilized and cover both the DP and the $40K difference, how should I put it on the offer? Would the mortgage company hav...
Hi,My employer has a rental property with 9 units and is debating removing the washer and drier because it's been a hassle. It's currently coin laundry, but we're concerned about the upkeep and the hassle of needing c...
I'm guessing that a range of costs for CPA services is going to be determined by region - NYC, LA, SF being more expensive than the midwest, south, etc? I will be investing in the Denver area and want to secure a rela...
Hello Everyone!I have been loving getting acquainted with the BP community. Between the podcasts and blogs there is so much information and such a great network. We are in the process of purchasing our first buy and h...
Hello. I just purchased my first rental property (a condo) and this will also be my first time being a landlord - ever. To save money I am bypassing hiring a property manager initially as I need to recoup many upfront...
I have the ability and knowledge to build four new construction single family homes with a construction loan but usually higher interest rates. However, I think there are some good single family home deals on the mark...
I'm starting to look for deals in Jacksonville, FL ( 32204, 32205, 32207, 32216, 32211, 32225) to buy a Duplex using a FHA 203k loan and rent out half while living in the other unit. My question is, when you use the F...
hi I just bought my first home FHA and just closed on it today. its a side by side multi family unit. there both occupied and I will be keeping one tenant and giving a 30 day notice to the other as they are both month...
Having trouble picking an area to focus on. I’m in NYC and I see possibilities in NY (upstate) and CT (Bridgeport and New Haven) any tips? Trying to stay under 400k as a beginner.
Given the incredibly hot market, specifically in certain metroplexes in TX, FL, what is a good baseline IRR/CoC metrics to look for? It looks like the days where a property would be cash flowing from day 1 are gone, e...