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I bought a new home and need to move out my current home. Indianapolis, IndianaMy current home has $75k left on mortgage. I bought it in 2012 for $110k. Morgage interest rate 3.38%. I don’t know if I should sale it or...
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Hello BP Members, We are planning to invest in a townhouse in the Hamilton area and plan to convert it in to a student rental. Would like to know what are the pros and cons with economy slowing down right now and is a...
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My current investing game has been MLS based and using traditional/owner-occupied financing while I still can. I do plan to branch out later to be more creative, but for now, this works. Because I'm using and agent, I...
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I’m looking for the best way to find all (on and off market) small multi family properties in my area. I’m open to all suggestions and strategies. Any help would be greatly appreciated. Thank you
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I attended a Dan Merrill seminar and at the end of seminar they were pushing the rehab analyzer software https://rehabvaluator.com/. I currently purchased a 3 flat rehab project and hired a General Contractor to do ev...
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Hi All,
I am buying few properties in MO, the seller signed an agreement for a conventional loan but she verbally told me that she would like to close the deal with cash! Can she do this? I do not wish to do a cash ...
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Hi Everyone, just wanted to see what people think of the terms of this deal I am working on. If you think there is a better way to structure it, please suggest. I am partnering with a broker, who will also manage th...
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Thanks for reading and hopefully you can provide some answers. Ok...here we go,
1) Does a GP that is involved in a syndication have to be an accredited investor?
2) Can you utilize DSCR for apartments as a means of ...
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Doing 1031 exchange. Will move all $150k left over after debt payment into new property. Wanting to do STR so I could have spot to vacation in Galveston. Tax guy said I could buy stuff as perks u def my LLC as long as...
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I'm in escrow on my first flip. Gulp. There are a few configuration decisions I have to make. The three biggest ones being: configuration of a bathroom I'm enlarging, whether to open up a kitchen and lose cabinet spa...