Hello!So I have found a for sale by owner deal that I would like to make a cash offer on. How do I structure the offer so it gives me time for contractors to come in and give me a quote on the rehab costs? How do you ...
Hello everyone, I have a single family home that I just finished remodeling and I am considering renting it long term vs selling right now. Thing is, I would be moving far away from my home to help care for elderly pa...
Hello BP Community! I'm writing this post to begin chronicling the learning experiences we've had so far in the purchase, renovation, refinance, and renting out of a multi-family property in the city of St. Louis. I'm...
Hi all! I'm in process of closing on a 96k rental property and trying to decide btw 15 and 30 year mortgage. Below are numbers:Purchase price: 96,000Down payment: 20%Interest rate: 3.125% on 15 yr, 3.85 on 30 yrMont...
Question. This is my first rental. I've rehabbed and installed a new central AC. It is having trouble keeping up with the gulf coast heat. I had it checked out and it is operating normally. I added attic insulation bu...
I've been running numbers on turnkey in other states. I'm truly wondering if there is a point in investing in these properties after running the numbers. Typically, you see about 200-300 dollars in cash flow after exp...
I'm going to start off by saying that we've made a lot of mistakes. My husband bought a house many years ago and had a family member live in the house. A year ago this family member came to us and said that she can no...
Hi everyone,As a college student who is graduating this upcoming May, I have a lot of student loans. When I say "a lot," I'm talking 100k... Since my loans vary from 4-7% interest I am strongly considering consolidati...