I could use some advice on this.
Originally, I wanted to buy a multi family home in NYC with a FHA loan. I thought I could be a OO and live rent free AKA let my tenants cover the costs.
Thank goodness for BP! I may ...
So I purchased a house last month for the sole purpose of updating it into a rental property. It had been a rental property before and I got a great deal on it since it was very outdated and the owners were retiring. ...
I have been toying with the idea of buying a food franchise, and have been working towards it for last couple of years. I calculated my current debt to income ration at 37%. It does take into account my current salar...
Hello world of BP. As you guessed from the title, I'm looking for insight on how to dig into a potential ground up development opportunity I was presented with yesterday. A little background on me: been investing for ...
As I embark on this RE journey, I see on the forum that most people take it for granted that financing is the way to go. What if you have enough cash to purchase a property, are only getting deferred tax benefits from...
Hi everyone, I have been seeing a lot of discussions about the real estate trend in the coming two years. Due to the raising interest rate, the majority has been predicting that the real estate price is likely to drop...
Hello there! Before I start on the deals, just want to say thank you in advance to those reading this, and the BP community overall for this incredible resource.I've got a few opportunities available for our first bu...
I'll try to keep this as specific as possible as to prevent the "...it depends" responses. I understand this is a lengthy post, but it is all in the interest of garnering the most pointed advice.BLUF: Wife and I own a...
Was wondering everyones thoughts on Paying Cash for SF rental Homes. I bought my 2 Sf Rentals Cash and have really enjoyed it. It has made it stress free not worrying about monthly payments. This way between tenants o...
I attended a high income seminar today. The sad part was that the seminar title was Strategic Defaults! The speaker was very high powered attorney in swfl that has been doing these for a couple years. The stats came f...