so i'm approved by wells fargo for 145,000 with 25% down. my rate is 4.875%. buying in the scranton PA area. paying no points. and here's the kicker which i feel is insane...$10,059.86 for closing costs and prepaids ?...

I like many others wanted to get the best bang for my buck in my first real estate investments.  I decided I could do the work and manage the rental properties myself. I thought to myself, man, I don't want to pay som...

Hey guys,Just wanted to thank everyone that spent time answering all of my questions(some pretty bad ones too) to this point. I just closed on my first deal yesterday. I know this means that I'm still just starting on...

My dad owns a 24 unit building, and 2 four family buildings in NJ. He has always managed it himself, performing most of the labor, but he’s getting to the point where he does not want to do that anymore.He has always...

Hello world...  I am interested in investing in Multifamily - though realize it is a bit late in the cycle - and at the point of trying to purchase my first property - getting practice with the BP calculators.  I just...

I bought a house in Detroit for 31K I rehab the home for 25k looking to do the BRRRR Method I had a hard money lender that I deal with set up but their minimum is 75K. When I went to refinance the home the appraisal ...

Which would you do? I am 63yrs old. Own about 1/2 my portfolio of 55 rental houses with no debt at all. I have also paid off my own personal residence years ago. And I like not having a house payment. But I took on a ...

I was having an interesting conversation with a friend the other day. We are both investors in the NYC area (rehabbing and flipping), and his family is moving to California, more specifically Los Angeles. He has spent...

I am currently looking for my first buy and hold investment property, though so far I've only toured three properties. When my husband and I decided to buy an asset, I got in touch with the real estate agents who acte...

I'm a first-time homebuyer looking to start my real estate investing journey and would appreciate some advice. For context, I'm 25 and planning to move in with my soon-to-be fiancée. We want to purchase a property to ...