Good evening everyone, I have a question about how to get a line of credit from home equity to use to flip houses or buy a rental. How do you do it?Current situation:I bought my first house in March for 209,900 with t...
There’s a house to be auctioned in June. The balance on the loan is about $195K, the purchase price was about 240K. It was purchased weeks before the crash. Present ARV is about $130-140K.
I want to be as certain a...
I am looking for recommendations of a financial planner in the twin cities of Minnesota that is familiar with real estate investing, as well as other investment types (stocks, bonds, IRA, ETC.) I want to continue inv...
Hi BP community,I’m doing research on the PA real estate market, Easton and neighboring areas. Has anyone bought a multifamily in this area? Does anyone have any insights on comps? Any information would help. This wo...
Hello, Is the return worth the work? We've been told we could get a good return on adding it for resale, but I have concerns because I want to be smart about this small closet addition. Should we consult a designer, a...
Hey!
So I’ve done plenty of flips since I started about 18 months ago, but all have been condos, townhouses, and twins.
A realtor I know brought me an off market deal in Burlington County, NJ. It is 3900 SF plus a ...
Hello! New to the forums so hope I'm in the right place.. So I currently have 2 properties, one 5 unit, and one 12 unit- These are currently managed but the rate is 17% gross which is killing my returns. I am curious...
I'm just getting started in real estate investing, with the intent of renting out either single family homes, multi-family or townhomes. I know that one cannot go strictly by the 1% or 2% rule, and that more detaile...
Hello BP community,I am currently a NYC resident, but will move to Philadelphia this summer. I want to take advantage of the move and buy a duplex or fourplex, with my family living in one unit and renting out the oth...
I have a 3 bedroom + office (or really small 4th bedroom) house that I have been renting out long term for about 10 years. It's located in a good neighborhood near a well respected hospital. I'm thinking it might ma...