Starting out in real estate and I don't know what I'm doing. What is the process of buying a multifamily property?
Okay, here are the current numbers
PI plus PMI = 400/month. Interest is 6.75% PMI is about $27/month. I believe its an effective apr of about 7.5%.
30 year PITI = 575
Mortgage balance = 56,000
assume appraisal shou...
Good morning BP family! I am new to BP and figured what better way to get my feet wet then make a post and document the beginning of my journey. A little background about my real estate journey. Dating back to my grea...
So, my original plan was to drop "handwritten letters" off in every single mailbox of my town of 850 homes (they are all close proximity so as far as walking to each house it could be done in one or two days. Its jus...
At what point should you shop around for loans? When you are getting pre-approved, or later when you are ready to put in an offer? I just spoke with one lender and might have them run my credit to get pre-approved. Is...
I live in the Houston area and have several rental homes. I am looking to branch out to strip centers or an office building. I also know absolutely nothing about either one of these investments. I seem to remember ...
I have 500k ready to deploy and I'm currently broadening my connections, communicating with RE agents, wholesalers, and have subscribed to MANY FB groups. I have read, listened, and studied and really need to jump in ...
Hello, considering looking for an accountability buddy in the Buffalo area. Has anyone else done this before? Recommendations for frequency of calls?
I want to start dialing the phone on my leads. It has been about 5 days since I have hit the roadblock of how to estimate repair costs. My current plan is to 1) Use a real estate agent and get comps for neighborhoods ...
The first portfolio of homes…
As I discussed in my previous post, I don’t remember seeing a singular market cycle shift event/turning point in Augusta in 2008/2009. It’s easier to remember the change in terms of news...