My team and I are new to investing..we know someone who lives in Baltimore that suggests we take a look at Maryland to invest in an apartment building, but they're not into real estate so it was merely a suggestion. I...
Hello allWe are considering two Commercial retail and Medical office buildings to purchase in $4m to $6m range. What rates are you seeing in the market? Are there creative ways to find short term loans with lower rate...
I am looking at purchasing my first investment property (Duplex) under the name of my LLC. The LLC has been established since 2008. I have business credit cards and a long time account that reports my good business st...
Would you consider it as a good deal? If so, why?Purchase Price $ 130.000 Improvements $ 5.000 Closing Costs $ 3.900 Total Cost $ 138.900 Downpayment20%Finance Amt $ 104.000 Downpayment Amt $ 26.000 Interest Rate2,00%...
Hello BiggerPockets Community,I am relatively new to real estate investment, so looking for some suggestions from the wider BP community. I have own my current place for 10+ years and now buying a new primary residenc...
I'm in the process of closing on a duplex in Tulsa Oklahoma and have started shopping around for insurance. I just received a quote from Geico and was shocked that they quoted me $6,065 for a 12-month policy, is this ...
Hi members and mortgage prosI've been self employed for a year. Can prove consistent income around $8k/ month. Credit is 800. I'm sitting on 500K cash from a recent property sale and have 1.5M in investments. Last, I ...
Hello Everyone,
I was talking to an investor in regards to financing and his suggestion was to get a 500k loan to put towards all current debt, but wasn't sure all the factors that may be implicated with going this r...
Hello,I am new to this so please help.I have an investor who is going to pay for anywhere between 50%-100% of the project (flipping a house). When speaking to other people in my area who flip with investors they sugge...
Spoiler alert:Despite high mortgage rates and soaring home prices, there's an argument for prospective buyers to enter the US housing market now due to reduced competition. High mortgage rates, currently at 8%, have d...