I'm new to REI. I bought my first property in September 2018 using a HELOC. It's doing well. I'm able to rent it out to a government employee for $166 a day. My question, however, concerns my next deal. I approached a...
I am fixing to close on my first rental property. The bank did 75% I put 25%. The bank loan is 14,500 and my cash is around 6500 after closing and insurance. The home as is value is 25,000 with repairs that i listed f...
Hey just wanted to hear of any recent success stories you guys have had with high interest rates and FHA loans in 2024. Also, does anyone know of any good YouTube or podcasts that are putting out new content in 2024 a...
Hey there, our goal for the next year is to house hack a 4-plex and also acquire at least two duplexes as well. We are in the process of building our team and would love to have acquired the 4-plex by January 2023. We...
I'll be closing next week on a new rental property and went with a 15 year loan (at least for the time being) - 4 bed/3 full bath 2 blocks from the college campus here. Paid 180k for the place, ARV 230k (in this marke...
I have a home I have put on the market to rent, using a property management company. Is there any reason I shouldn't offer rent-to-own financing? I got the house at sufficient price that it would make sense as both ...
I got this question recently and I am not sure I have the best answer."I want to invest in real estate, I have $2500 available to me and would like to know the best option if I wanted to invest that money. Should I sa...
Hello BP,I have been wanting to ask this questions for about a year now, and have finally built up the guts to get some help on this topic. Hoping the BP communicate can provide the insight and guidance I have been ye...
Hi everyone, My wife and I have built up a portfolio of 14 strs over the past few years. We have some capital and are looking to possibly purchase a small hotel. We have only ever bought residential sfr with conventio...
Should I do a HELOC that has a fixed low rate (5.875%) that doesnt have an option for interest only payments, or a Variable rate HELOC (prime 8%) that has an interest only payment option...i would like to use the fund...