I'm a first-time homebuyer and investment property buyer, currently in the analysis phase while saving up cash for a down payment. I'm looking to purchase a multi-family property at a discount - the area that I'm look...
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $455,000
Cash invested: $159,250
3/2 duplex in a nice neighborhood in Nashville 5 min from Grand Ol Opry, 15...
How does seller financing work in regards to equity?
If I use seller financing to own a property, do I build equity even if I sell before the mortgage is paid off?
I am looking for more details on how seller financi...
Hello, everyone!I am starting out in my REI mission and am currently scrolling through the MLS looking for deals and practising how to analyse the numbers of some of the properties that I find. However, I'm worried th...
Good morning BP nation!
Looking for any guidance or feedback regarding closing costs and how to negotiate them. Currently in the process of closing on my first investment property-doing conventional financing through...
I saved up some $100k & I'm contemplating b/w investing in RE vs paying off my first home. I read the Beginners Guide from BP its very informative, thanks to BP for putting together this free guide. It looks like ...
We closed on our first rental, in Louisville, KY, about a month ago. It's located in a central area, near downtown, that is a strong rental area. There does appear to a chance of some significant appreciation; some in...
Hey BP quick question for all you been-there-done-that-ers: I have small amount of money saved up and I'm trying to jump into real estate investing with OPM. I'm moving back home to California, so my question is two f...
I have three SFR, but recently an in-law has started purchasing mobile units and came to me for advice and it piqued my interests. He finds mobiles that need work for cheap ($1000-$3000) and fixes them alongside his c...
Investment Info:
Single-family residence fix & flip investment in Tempe.
Purchase price: $215,000
Cash invested: $25,000
Sale price: $357,000
This was my first fix & flip. Everything was ...