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I am looking at purchasing a fourplex with an FHA loan as my first investment. Fourplexes in my area run for $350k+. I am doing my anlysis right now on several and don't see how purchasing a fourplex can cashflow (oth...
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Hello,current situation: I’m military and wife is a realtor. We Live in our primary home that we would like to stay in for at least 5 years. We own 1 condo that cash flows $400 a month after all expenses etc.
questi...
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Hi Guys please help us out here.We rented an apartment on 15sept and paid 2 months deposit to the owner. After 3-4 days we found there were bed bugs in the house and we contacted the owner to do pest control in our ho...
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Cross posting as I cannot edit the post in the other forumI'm relatively new here and have ventured into real estate investment over the last two years with two single-family homes (SFH). Here's a brief overview of my...
looking for advice on Points buy down... Loan of $162,000 (SFH) is currently at 6.275. I'm being told I have the option to buy it down to 5.75. How many points would that be? Do you think it's worth the $$ to do so...
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I am a newbie to BP. Thank you in advance for your responses and advice.I am in process of purchasing a single family investment property in Charlotte. My credit score is an excellent and I have a great W2. I am tryin...
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Any suggestions on how I can use $10000 to start of my real estate journey?
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Just starting out here and been reading Brandon Turner’s book on Rental Property Investing. The book gives a rule to use to quickly screen properties known as the 50% rule [(0.5*projected income/rent)- (Mortgage P an...
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Hello,
I am looking to buy my first property and employ a buy-and-hold strategy whereby I'll rent a single-family home to tenants (cash flow positive). I am looking at homes in the $70k-$90k range in Raleigh...
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I'm looking for some advice on the whether I should hold on to paying my month HELOC payment of $613 a month for a BRRR property, or should I go ahead and pursue delayed financing? I purchased a property ALL CASH for ...