Michael Litle
First deal overthinking all details - Points and Closing Costs
I'm about to offer on my first deal, a duplex in a slightly expensive market but will cashflow fairly easily. I found a lender through BP who seems very knowledgeable, experienced, and likely someone I could grow but...
Shaun Armon
Cap Rates During Downturns
Hey BP Community!First post here on the forums. I am a new investor in Fort Collins, CO looking for my first deal. I am primarily interested in multifamily buy and hold. I would like to keep my first deal local, bu...
Damian Howard
What type of investor do I want to be?
What type of investor I want to be?So the Journey begins. I was able to view a multi-unit(4) last week and wanted to share my experience. With help from a friend realtor, we were able to get access to the 4 units. One...
Sarah Auriemma
Modest income trying to make the right decision for my family
My husband and I own a SFH- it’s a ranch 2/1 with a 2.75% interest rate. We owe 200,000 on it and have $100,000 available to us via a HELOC. We make a very modest income (about 80,000/year) and have 2 small children. ...
Adam Sporinsky
How do people here define over leveraged?
In many of the BP podcasts, articles, and blogs, the idea comes up frequently that people who really have major issues during donwturns or in RE investing in general are people who buy wrong (pretty clear I think), or...
Michael Jackman
Save for a emergency fund or invest?
I know this depends completely on ones risk tolerance, but I'm curious what you would do, or have done, and how it worked out for you.Currently I'm working on the former vs. the latter, but it is driving me crazy! To ...
Mary lou L.
Should I wait for county appraisal before refinancing?
I purchased a property in Jan. It was in terrible shape! At the time the county had the appraisal in the low 80's. Last month I received the current appraisal and it dropped to 47000.I called his office and told him a...
Tiia Hyrske
Just Joined - Already loving the site & community!
Starting out in Real Estate as an investor but not as a hobby. RE has been a passion and an interest for me my entire life. I am finally in a position to buy 1-2 investment properties. I also own my home, a co-op in N...
Adam Briceland
This is my 2nd duplex
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Milwaukee.
Purchase price: $156,500
Cash invested: $39,125
This duplex was a "first" in several ways for myself. It was an...
Sorin Ciobanu
How much it will cost 1 milion dollars loan with intrest only ,,,
HELLO,I GOT 5 HOUSES WITH A LOAN OF 980K ALMOST A MILLION DOLLAR BALANCE WITH 4.5 TO 5.5% RATE ,THEY ARE APPRAISE AT 1,4 MILLION ....MORTGAGE PAYMENT LIKE 4800$ A MONTH ALL 5 ....RENT INCOME 6000$ A MONTH ...IT WILL B...