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Hello BP. So I recently purchased my first house hack in Durham, NC about two months ago. My original plan was to put 3.5% down and use the rest to build an ADU in the back yard (and use it as a STR for cash flow) and...
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We just got word yesterday that our offer was accepted and we have the purchase contract back. Here's what happened.
I've had my eye on this cute little house that had been on ...
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I'm relatively new to BP, so I don't have that many success stories just yet, but here's a teeny tiny one.
I'm closing on two houses from the same seller in a few days and I noticed in the HUD that there was a char...
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I'm the kind of person who likes to celebrate the small wins! I know I don't have a huge portfolio yet (only 1, newly-acquired, SF rental home), but I'm so encouraged by what I see already. This BP community has alrea...
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Offered through many different lenders, nothing exclusive here.
Live this week.
It's a 2nd mortgage for up to 20% of the sales price. 80/20, partying like it's 1999.
No payments on the 2nd, no interest rate. If t...
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BP,Question - I was driving around a neighborhood today and made note of a few properties that looked distressed. Also, I made note of prpoerties that had a "notice" sign on it. I looked it up on the MLS (I'm a licens...
Hello All, I am a complete real estate/ business newbie and I have something I am hoping someone will explain to me as if I am a 5 year old.
I want to build a residential assisted living home, which will include nee...
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Hello there, I am considering different ways to fund the rest of the rehab work I need done on a duplex I purchased earlier this year.The Facts:- Its not a major rehab. I want to give the side I'm occupying somewhat o...
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Just curious, I've been focusing my search on a couple of true vacation markets where STRs are the norm. There are some legislatively friendly cities and states in relation to STRs. I was curious whether anyone on her...
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In my area, the typical investment does not exist. A $150,000 home will rent for 8-900 which doesn't work for typical investing.
However, in the town I lived in before moving here, there are many sf homes that rent o...