Hey BP!I have been lurking and learning as much as possible for the past year and a half. After a lengthy contract, we are (finally!) closing on the sale of our home this month. I am wanting to make my first purchase ...
Hi looking to getting my 1st property. I’m trying to understand how long should my loan term be I have been pre-approved for 30-yr loan but don’t really understand how it will make money. I know to make sure the rent ...
Hey BP,As my significant other and I draw closer to purchasing our first investment property we find ourselves butting heads on strategies involving rentals.When renting out a property that was refi’d out of to repay ...
Hi there BP, I am looking to get into the REI world by building a portfolio of rental properties. I have done quite a bit of homework on this topic and it seems to me the best way to get started is with a multi-family...
Considering on whether I should stop buying properties (MFH) with the expectation of further price drops.
What do y'all feel? is the opportunity, on average, is shrinking (a.k.a. buy now) or expanding (wait a bit)?
With interest rates rising, looking to purchase a rental property now is more expensive. This results in lower cash flow, and potentially makes what would be a deal 1-2 years ago, into a negative cash flow property no...
Hey All, I'm trying to get some feedback on a financing question. I will be seeking financing for a $150k loan as an investor with a standard lending institution. I can either do a 20% down payment and obtain a 4.62...
Hi Everybody,I currently have a house in Los Angeles, I owe 250K right now. My house appraises around 400K. I am not happy in this community since the school districts are really bad and i had a few brake ins.I have a...
Quick question to those who are in the rental field:
When you are doing a loan buy down (paying extra on the monthly mortgage), how much extra do you recommend to put towards it?
Is there a rule of thumb for this?
I’m about to sell my house and will have about 250k. I wanted to get into rental property investing but have analysis paralysis, there are many routes to take. My wife wants to buy a property outright because the Cash...