I bought a duplex about a year ago and have about $81,000 left on the mortgage. Paying about $270 a month to interest. The place is prob worth about $130,000. I know a lot of people say it’s smarter to keep your mo...
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Hi All, scenario: what if I buy a triplex or four plex as my primary residence with the intention of occupying one of the units therefore putting a lower down payment etc. but what if I don't like it and change my min...
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So my Husband and I have been talking about getting started as investors, but we are not sure exactly how we should go about doing this.
Currently, we are living with my parents in Fort Lauderdale, FL. We planned to ...
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I just want to figure out who is for real in real estate investing because i don't like wasting time with someone who's not going to buy. I went show a property to one of my investors yesterday; he told me he would b...
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Hello BPers,
I would like the help of any of you who have either loaned private money or have borrowed private money.
My questions for the sake of this topic are very specific.
1)What terms were you giving/given o...
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I had a plan of house hacking but with my siblings and cousin. Idea was to get a house for 1-2 years then refi and move to another house and acquire properties like over time. My question is if we do a 3% Down convent...
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We have been under contract on a 4 plex for a couple months. After inspection I submitted a revised purchase offer that was $45,000 less than our original agreement. The agent is representing both of us. The agent tel...
As with most of us investors, one of our big milestones would be to reach a passive income cash flow of a cool $100,000 a year.
Only being on my first duplex and on the close verge of purchasing my next 2-4 unit MF, ...
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I have been doing some due-diligence on apartment syndication deals. From what I have read and heard, a conservative underwriter should project the exit cap rate at least 50 to 200 bps higher than the purchase cap rat...
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we closed on a rental house recently that we paid cash for. I want to get a mortgage on the property but am having a hard time finding a bank or lender that will offer more than 65-75% of the purchase price as we have...