Hi BP community!
I currently rent in NYC but planning to move into my first home this year (my lease is over in December so that would be my preference to find something till that time). My goal is to find a single f...
I just completed the rehab on a 3/1.5 SFR that I purchased through seller financing. purchase price $23K10% down, 12 payments- based on a 5% interest rate, and amortized over 20 years. A balloon at the end of the 12...
In today’s market and where we are in the economic cycle I think it’s even more important to follow the one percent rule especially when borrowing money. What do you think?
Your opinions would be appreciated! I think I'm gonna do it I just want some feedback!SFH 4/1, 3 car garage fenced in yard, across the street from local college on busy road, I have 5 other rentals within 2 blocks. It...
Hi,This question just came up. On a building we have with lots of Equity (balance mortgage is $56k)I am looking to free up some cash ($250-300k) for a future 2016 purchase, but wanting to get all approved now. Shoul...
We are considering buying a SFR for the land. After tearing down the building, a double wide will be placed on the land for rental. I believe neighbors won't complain given that1. The exisitng building is pure eye sor...
Good Morning BP!Summary: How do smart investors hedge against market corrections in the commercial multi-family sector? And should required reserves for a property be factored in to calculations for CoC and/or IRR? Th...
Some people are really struggling with the market and how Coronavirus may impact their personal lives, their investments, or even the entire country. We can't control the economy. We can't make much impact on unemploy...
Will try to be brief. My stepson has done very well for himself over the past couple of decades, has set a very healthy amount of funds aside, formed a RE investment company, and structured it properly to access the ...
My wife and I are currently living in South Korea, and have done so since 2009. We have been employed by South Korean entities for the entire time. We will be moving outside of Chicago and looking for a MFH around 160...