I am securing an off market deal in Anne Arundel County Maryland. Because it's my first deal, I think my lender is charging me high fees for settlement purposes. For example, appraisal fee is $650 and when I questione...
So I bought my first house in 2018 for 282. I put 3% down. After buying house was worth 320k. At first I wasn't planning on investing until I realized the potential. Long story short the house was dated and I redid a...
Hi all,I purchased my first rental property, a 3bd/2bath condo in Raleigh, NC in May of this year. I had outstanding credit in the low 800s/high 700s prior to securing approximately 185K in a conventional mortgage loa...
They make it sound so easy in the podcast. "Get a hard money loan, then just refinance that bitch and cash out! Easy peasy!" Here in Canada you usually can only refinance 80% of the appraised value. So you'd have to b...
So I have noticed on gosection8 and a few other posts in this forum that Baltimore has a huge surplus of section8 housing and too few tenants (at least compared to the number of units available, looks like 235 right n...
Hey guys,
First time poster here! I'm in a state of confusion about what the best path for me is in regards to a new rental property I'm looking to purchase.I think it'd be good to start off by stating my Macro Goal-...
@Joe VilleneuveWow you really make lots of sense the way you break things down. Ok now
if you don't mind what about one this situation. I'm currently buying 3
properties and own 1(1 is paid off in full that I have...
Hey BP people:I have a situation. I'm currently developing a hotel and have the vast majority of my "ducks in a row." I think I still need to raise at least $200k, but that is a side issue.My main issue is my curren...
I would like to start investing in real estate, single or small multifamily rentals. With the high price of houses and high interest rates, would it be smart to wait until things calm down or just go for it? I am ner...
Currently I live in My principal residence which I plan on turning into a rental within the next year. I had a 5/1 ARM that went adjustable 5 years ago. The interested rate has been great! ->Currently the ARM inter...