Jessica Mills
Invest in out of state turnkey or local multi-family?
I am incredibly new to investing and still in the research phase.Scenario 1: Out of state turn key for 100k, after rehab should be about 150k, rent about 1300. Bank will want 25% + closing costs + reserves. How do I g...
Jody Young
Need help financing first Multi-Fam
If I may, I'd like to lean on the expertise of the community again :)
There is currently for sale a house (rented as two apt units) that once belonged to a family member here in Kentucky. I'd like to purchase it and c...
Andriy Boychuk
Did you buy park at an Auction? or do you know any body?
Hi. I just received a listing 40 lots MHP on public utilities in great area. However, they will not allow to do Phase I inspection and they have reserve price.Just curious about the following: Can they set the reserve...
Nicholas Potocki
My fourth rental property
Investment Info:
Single-family residence buy & hold investment in Georgetown.
Purchase price: $173,000
Cash invested: $44,000
3 bed, 2 bath ranch. 1500 sq ft that backs up to woods and green spac...
Jana H.
HOA has no reserves & operating at a loss - 6 unit condo building
Is this typical for a 6 unit condo building?
Chris Meek
should i use all savings for first deposit?
My wife and i have been living in the UAE for a few years now so we have a decent little nest egg of savings. My wife has family in and around Birmingham in the UK and so i think that is a good place to start buying (...
Shal Patel
Which mortgage should I pay off first? Rental or my own
I own three homes with three different mortgages. Now I feel like I start paying off one property so I won't find myself in any future financial issues. What should I pay off first. Here is the details
1 my home - $2...
Daniel Ditto
How do you borrow funds in a down economy?
I have heard many people say that a down economy is the time to buy investment property. I also see the benefit of low interest rates in an up economy where lending is prevalent. I confess my buy and rent experience o...
Eric Dami
Cash Reserves for your rental? How much!
Hey BP!I know when analyzing deals, its critical to account for vacancy %, repairs %, CapEx to cover costs. Is there a rough estimate that anyone is aiming for? For example, if I did a remodel on a home and replaced e...
Courtenay Matthews
Too good to be true? Hard Money Lender.
I found a program through a hard money lender that almost seems too good to be true. This is my first experience with a hard money lender so I’m not certain. The details are as follows: - Funds 100% of purchase at clo...