For calculating ROI on a rental property, I assume my closing cost to be part of my initial investment number. On my closing costs, I paid 1 year's insurance, 1/2 year taxes, and some HOA. Normally those are part of...
Hey everyone,We got a lead come in for a duplex that I'm considering taking down myself and holding it. This would be my first rental so I figured it would be good to have the BP folks verify my numbers. The owner liv...
HiNew to the pro membership, looking to possibly house hack in Nashville,TN (or close to it). Not sure where to start as far as finding the right lender and also what needs to be provided. Also in the process of leavi...
https://www.biggerpockets.com/...Here is a duplex in Atlantic City I just put a offer on. This is my first investment property and I’m looking for some advice on the property/location. The numbers look good to me. Esp...
I have a background in commercial construction & development, so when thinking about renovations or repairs, my mind often shifts to negotiating contracts with general contractors and vendors. However, I know it'...
Hello bp community, im looking to get into my first house hack/investment property. Looking to get fha loan with my partner, but waiting for our broker to get back to us to see how much we can pre qualify for. we have...
Hello everyone,I'm new to the Real Estate community, still learning and will appreciate any tips.I'm planning to buy my first property for house hacking in the next few months. However, I'm aiming to own 2-3 (or more ...
Hi everyone! I'm looking to buy my first home soon on the east-side (Redmond, Bellevue, Kirkland, Bothell). Been learning about house hacking but I think it can be hard to cashflow or break-event here with the interes...
is there a minimum loan the banks will do?
say there is a rental property for sale at 30k. if possible, i'd like to go with 25% down and finance 22.5k .
is it something the banks will consider?
I am looking into purchasing rental properties and I would like hear from people with experience. Do you think it is best to buy a rental property outright or should you use a loan. I've also been pondering possibly g...