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I am looking at purchasing a 8unit apartment in Olde Towne Portsmouth, VA, which is in a flood zone... Wondering if I am doing the right thing in purchasing this.The economy has several anchor points, the military, a ...
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Hi all,My "real estate goal" is very straightforward - I am looking for an approach that can yield a 6%+ annual return with as little active work and time as possible, after a learning period (of up to 5 years).By 6%+...
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There seems to be a huge amount of investor competition in the Boise/Nampa area and it is a struggle for a newbie like me to snag a great deal. I have literally missed great deals by a matter of 15 minutes or so in t...
Hi all - welcome your advice
I'm a first time homebuyer with a husband and 2 young kids. We've been looking to find a duplex with two homes on a lot, and the environment is very competitive at this moment: at lower p...
Alright, Firstly I am new to BP and I am reading up on tons of useful information which is great! However, I have never invested before so I am at a lack of knowledge. A little background info, 19 Years old, living wi...
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Hello BP, I was going through the forums and an interesting question came to mind. As an Investor/Agent, in a wholesale scenario could you enter into an exclusive right of sale agreement with the end buyer, that in an...
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Duplex for sale $220K, each unit is 2Br, 1 bath. $1100/month per unit. Taxes $5600/year. As I understand it, this would fit the 1% rule, however, not sure if the numbers work. assuming 30 year mortgage @ 4% PITI =$15...
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The original plan, and hopefully still is to cash out refi current home. I can cash out 90%. Currently owe 101k and would refi at 135k with 3.73% APR. Leverage equity into another property down the line after getting ...
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I’ve recently been told a number of banks are not refinancing investment properties. There must be some out there! Who should I look into? Thanks!
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Hi all,I have a tenant that I notified, I’d be inspecting the property inside and out for repairs. Things went well until we got to the bedrooms, she (My tenant) refused to show them to me. First, explaining her chil...