I’m trying to get a mortgage on a rental property in St. Petersburg Florida, which is a relatively safe area (from flooding perspective). The quotes I’m getting from 2-3 providers is astronomical. For a 200k house, t...
Hello everyone....this is a desperation post. I have been with state farm for a few years now for commercial and for personal use. I hold all of our real estate rental portfolio with state farm. Our business insurance...
Does anyone flip properties in the Anacostia area? My capital can't afford the astronomical "hot" areas of DC but I can afford the Anacostia area. Now I realize the reason behind the lower prices due to the bad reputa...
Investment Info:
Single-family residence wholesale investment in Seven Lakes.
Purchase price: $1
Cash invested: $1,028
Sale price: $40,000
Abandoned 4 bed/2 bath in HOA. Wholesale. Double closing...
Hey BP Community,I'm getting quotes on an ARV loan for a fix/flip project from a Hard Money Lender. They are offering 90% of ARV at 12%, with 4.5 points. My question is, does the point charge get applied to the Borrow...
I am currently looking to get my feet wet in the OOS REI space. I was initially drawn to the idea of cash flowing C class neighborhoods. However digging a bit deeper it appears many of these locations have experience...
Hello BP,Wanted to put out some feelers to see If these are priced right. An investor friend of mine has two lease options in the Spokane area. The First one is in the Spokane Valley @ 12220 E 19th. Its a 4 bed 2 bath...
I recently received a homeowners insurance quote for a property I'm interested in purchasing in Poinciana, FL. Can anyone provide insight into what a reasonable homeowners insurance premium might be in this area? And,...
This is one for the experts. What are you seeing????I have been playing in the Detroit market, have posted some my cash cows. Sure the returns are nice, as long as you have good tenants, and good property management i...
Hello all,Looking for some sell-or-rent advice. My wife and I purchased our first-ever home in Viera, FL (on the Space Coast) for $430k back in Oct 2022 with 10% down using a 5/1 4.5% ARM. We're now 2y+ in, and set o...