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Hello - I am looking at purchasing a house that currently has an Airbnb tenant under contract until March 2020 (with unlimited 6-month extensions after that). The property is zoned multi-family and is in an excellent...
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we've bought and sold several houses with cash and conventional mortgages but we've never done a cash out refi. we really like coming to the table with a cash offer but we're starting to think about expanding our port...
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Hello all!Im an investor in Detroit and currently looking to purchase a portfolio of 5-10 SFR. In terms of lending options, what have you found to be the most effective option? I’ve read briefly about loans targeted t...
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Hello every one, been on this forum now reading every body's post and setting on the sidelines rooting and watch and listening to all the positive thing going on and finally stepping up to try my hand at our first hom...
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Hello, I am currently looking at purchasing my first rental property, being a single family home. I was intending to use a normal conventional loan to put down 25%, however that will absorb a majority of my available ...
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I found a thread about this, but that was 5 years ago. We are looking to purchase a small 2bd/1ba home in the heart of Winston-Salem. Plan is to rent it out either as a MTR/STR. Does anyone currently have one in the a...
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Hello BP Community,I have been studying the mechanics of the BRRRR calculator here on BP and i have a couple questions about a few of the output metrics that i cant determine how they are calculated.Does the Calcul...
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I'm trying to figure out a strategy on buying real estate from the seller on payments, adding value and reselling it for profit and thus, paying off the original seller. Please tell me what this strategy is called &am...
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Especially if you’re buying an investment property with a high ticket price, a buyer’s earnest money deposit, or EMD, can be quite a large sum. For example, on a $1 MM property purchase, a 1% deposit of earnest mon...
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Hi all,
Wondering if a few of you NYC specialists could share some information on purchasing a condo in NYC. I'm specifically wondering if it's a worthwhile investment. So, I'd love to know a little more abou...