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I moved to NC back in February. I've since bought 3 rental houses, average price was $75k, average rent is $900+. I just came across a house that is way underpriced, sold for $180k 4 years ago, now selling for $90k....
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My next property purchase will use a 401K loan from myself or my wife’s account. I want to structure it in such a way that we are paid back so that the loan balance can be reduced quickly. The point of this is to simp...
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Hi Fellow BP investors. I was able to negotiate a 5 bus conversion with a contractor. So now I am looking to rent out and/or off load 4 buses. These would be converted school bus or greyhounds, etc. I want to figure o...
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We have 1 old rental OOS and now starting to look into more rental investments in the same area. We just got a new Property Manager for our property who is also a realtor and her husband is a GC. In building our ne...
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New to the website and looking into accelerated mortgage payoff. Does anyone have experience doing this with HELOC, LOC or extra payments? Seems like a simple strategy. I would like to discuss what works, what does...
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Has anyone ever or does anyone have any information about refinancing a mobile home park?I am looking at owner financing with a balloon payment after 5-8 years. If this is the case, I have to figure out how to make th...
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I am interested in a multi family property for sale. My agent has tried to schedule a few showings and the current tenants are not allowing anyone in. What options do we have? Should I ask if we could do a virtual tou...
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Here are the basics:Duplex with rents between $700-$800/unitHomePath Price: $96,500Rehab Budget: $40,000 (flooring, kitchens, baths, paint)Can pay cash for purchase, looking to offer about $80,000How do you see a BRRR...
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So I am in a little bit of a pickle,My neighbors' house (3/2 in SW Florida) is in really bad condition but would make a great investment opportunity. Here is my predicament. I recently became a real estate agent after...
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Whenever discussions come up to use home equity to invest in another new property one investor in our group is against it (but instead of putting in our own new money I think its a better option overall) any opinions ...