Hello team, I heard yesterday from loan agent that some new rules are coming in the month of Aug that will further restrict the qualification in terms of getting loans or increase the % of interest if certain limits a...
What are rates looking like for a typically hard money loan today? 10-15% ???? How many points are they usually charging too? When I underwrite properties I have been assuming they are charging 15% for the hard mone...
I've been running numbers on rental properties in the Harrisburg area in preparation for buying my first property next year. I am curious to know what folks in the area are using for maintenance and capex numbers. I...
Hi everyone! My husband and I just closed on our second duplex today that we plan on moving into since we purchased it with FHA. We inherited two tenants and here is our plan:
Tenant 1: We plan on asking for a renta...
Do you own an investment property in Maui? If so, I am interested in hearing about your experience with property managers, as well as rental income. I am considering 1031 exchanging a townhome I own in Southern Cail...
Hi BP community! First of all I want to say the podcasts and you tube videos have brought me here and I can't wait to become part of this community! I am a newbie here. I am wondering if my current situation is unique...
I have found an apartment building in another state. I have gone online and checked out the town. I have called the apartment owners association for average rents and vacancy rates. Now, being unable to visit the a...
Hello all, and thank you in advance for your help so far. Here I am again looking for some advice on a potential deal.
2 unit property, each has 2/2
Unit 1 rents for $1200 - Owner recently did some mino...
Hello, I have found an opportunity to purchase a multi family (2unit) property in Bristol, Rhode Island for under 170. Conservative rents 900 potential for 1200, numbers based on 900. This would be owner occupied for ...
How do you plan ahead for very costly maintenance issues with your property? For example a roof that needs to be redone for $10,000..