Here is the question of the day, do I spend my $70k from my solo 401K and purchase a house at auction or do I leverage that money and purchase say a 4 unit with a mortgage? If I can buy the house at auction with no m...
I recently bought an investment property in 2019, a duplex to be exact. Property has gained some value:-One unit was remodeled.-I haven't refinance.-Estimated home equity 90,537(could be more with upgrades after appra...
Morning everyone!My question is in regards to multiple purchases affecting each other in regards to lending. We're in escrow and closing on a condo in FL on October 8th. In the meantime, I'm also shopping for a SFH in...
Hello All, I am looking to find a successful buy and hold SF or MF in the DFW Market. I have other properties out of state, but just moved to the area. I was wondering if anyone had some insight on the current state o...
BP members,
I have been offered a 30% ROI for funding a probate deal for a fellow investor.
Quote from the probate investor: "This house needs $7,200 to be funded. I give a 30% return and 15% interest. I have to do ...
What is a good percentage to use as leverage when buying property. I have spoken with proven investors who prefer 60% while others go for the minimum of 20%. Any thoughts
Hello! My wife and I have a small amount of funds that we sat aside when we purchased our home. We figured we could use it for any improvements, or when something inevitably breaks in the house.We keep 30% of it rea...
Hey BP,
I'm looking into purchasing my first home sometime around the beginning of the new year. I'm waiting a little while to see how this "no-eviction" policy plays out, and further educate myself.
I have almost 7...
I am a new investor looking the find a good place to invest out of state near Maryland I have been stuck in analysis paralysis.
Do anyone have any favorite cities / counties to invest in in Maryland? I'm curious to hear why.