Alex Ramirez
300 Units & 1 Short Term Rental on my first year of taking action
Happy New Year everyone!! I know I am a bit late, but I wanted to share the highlights of 2021.
I started my Real Estate journey late 2019, a friend of mine encouraged me to get into Real Estate and I spent the rest ...
Matt W.
Are 1031's worth it on SFHs?
Background; I've 1031'd 4 homes in the past 3 years. I either turned one home into 2 or traded a smaller home for a nicer home that will hopefully appreciate and cash flow more. My long term goal has always been to do...
Jon Adamowich
What Numbers Do You Use for Potential Buy and Hold Properties?
Hello all, I'm new here to BP and I'm in the beginning stages of purchasing an investment property. I'm currently house-hacking and saving up to purchase a property to rent out; I currently have about $16k in savings ...
Wendy S.
5.25% Interest rate on investment property
Hi all.Is 5.25% on a 30 yr conventional loan with 15% down and excellent credit, about where the market is right now on less than a $250,000 property or should I be shopping lenders, considering I'm using a broker.
Jimmy H.
Cash Out Refi Strategy for Acquiring Rentals
I'm close to completing my second flip, I just listed the property on my local MLS when I had an idea:
Why not cash out refi for more than I have in the property.
I bought the house for $40k in cash, I have less tha...
John Arendsen
When Will They Start Calling Mobilehomes Manufactured Home?
I have to giggle up my sleeve every time I see the Manufactured Housing Industry continue to shoot itself in the foot. In the last 150 years we've managed to come from a Horse and Plow to a John Deer, from a Horseless...
Jared G.
What do I make of what my realtor is telling me? Is it normal?
I have been speaking with a realtor for a few weeks now; she was a work colleague's recommendation. We get along well and she is very professional but I'm not exactly sure what's happening here. She offered to get tog...
Evelyn Jordan
No SSN, no CC, No Proof of Income
Hey BP People,I am currently screening tenant applications for a vacant rental property of mine and I came across an interesting situation. The applicants are a Hispanic family with 3 young kids; Mother is a housewife...
Yunning Lee
Cost to build a 6 floor 12 units apartment building
Hi Everyone:I am new to this forum. This is literally the first discussion I posted here. We are currently under an agreement of a 4-plex of 1million. We are debating whether it is a good idea to buy this property or ...
Trent Arey
Tips on Making our College Rental Student Proof
Good day all,I need a little help here, and here’s the recap:Some partners and myself just formed an LLC and intend on investing in a nearby college town that shows continuous enrollment increases with limited housing...