Hi there, I am rehabbing my first (personal) home - a 1940s BEAST! I've done one major renovation in the past on a rental I owned after a flood. I can swing a hammer and am doing some of the work myself and with quali...
Hi, folks,
When you buy rentals, how much equity do you desire to have when you buy it? This equity means the margin between market value and all in price after repairs.
Thank you for your input. Let's build s...
I’m currently looking at single family that was built in the 1880s. The game plan is to get into it with a VA loan so I can put no money down and avoid PMI at the same time. I want to live there for a year and then re...
Hey there! I recently applied for my very first cash-out refi after buying, rehabbing, and renting a home a year ago. The appraisal came in significantly lower than expected, and other properties in the area, in way w...
So a couple of news articles have come up in my feed how housing construction has taken a dive in the last month or so. Does this mean that it will be a better investing market for us?http://www.businessinsider.com/h...
Hi BP, I'm working on analysis for a few different markets that our on my list, as I'm looking to move to settle in a new area. My two questions are: - What type of CapRate, CoC, and other key performance numbers shou...
How do you manage a wholesale deal whose property has a mortgage, a loan on it or is in foreclosure?
Hi all, Just last week I closed and acquired my first rental. Its a 3 flat in Chicago, I will be moving in soon when the next lease is up, but since I've closed the water heater hasn't been starting back up occasional...
What is best way to learn real estate investment from BP?
At approximately 1 week before foreclosure judgment, borrower entered a 30 day extension to answer complaint. My question is, what is the typical route here? My guess is that 90% of the time this is just a stalling ta...