Hello,I am purchasing a property in Mid-Missouri. The property is a 4-plex. I will be living in one of the units and renting out the remaining units. I am running into some issues with insuring the property. I have be...
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I recently purchased a 12 unit for $1.2 million I have a mortgage of $859,000 that was bringing in $9000 a month in rent. In the last 18 months I've renovated 10 units to date myself at the cost of $70,000.
Some te...
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Hello,I am a newer investor in NOVA (northern VA) looking to utilize the BRRRR method to grow my rental portfolio. I intend on using private money to purchase the property, but as a new small business owner (8 months ...
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Purchase Price 45k
1400 sqft brick house
Fix up 10-15k
Value after fix up 70k
Rent $850-950
P/I-$238 payment Loan 50k at 4%(Private loan)(30 year amoritization)
Insurance-$70
...
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Hey BP! I'm wondering if anyone could provide some input on locations in Memphis for my first investment property. I don't want to be a slumlord, and vacancies are obviously important, but i'm looking for cash flow....
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Hi there. I know this topic has probably already been discussed many times, but I'm asking about it in this period of time and preferably in the Midwest. I own and rent in Omaha, Nebraska and am looking to expand with...
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Hello!
I'm moving to the Seattle area in Spring 2019 and looking to potentially enter the STR market in the Leavenworth/Lake Wenatchee area sometime next year. I currently own a multifamily in Charleston, SC and am v...
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Hello, I could use some suggestions and ideas. I am just starting in wholesaleing and would like to know if it is wise to put out an LOI on a property that's only 59K and a fixer upper to wholesale. The seller is sell...
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Have you guys noticed the rate drops on the DSCR loan side? Or do they keep them higher now thats the 30 year conventional is dropping.