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Hello, I'm new here. I've done a lot of research and even worked on running numbers for certain options (just as an exercise), but I'm now looking forward to jumping in. I'm looking at small multifamiles and won't hav...
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Hello everyone!My name is Alex Wardell and I live in Sandwich, Massachusetts. I am very new to real estate and the only experience I have is from buying my primary residence back in 2014. I am currently a state empl...
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I'm going to be getting my money out of my first BRRR this week & am hoping to have the next under contract this afternoon.
My question is how does one calculate the "purchase price" for the BRRR and if we have a...
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Hi everyone. I’m thinking about investing in a STR house in Lake Harmony, PA. I have already identified a property. It’s a 4 bedroom 2.5 bath house with its own pool. Sleeps upto 14. I have a few questions:1. Occupanc...
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Hello,We are under contract for $85k (3bed 1bath 944 sqft) property. During inspection they found substantial termite damage and active termites. It has appraised for $10k over what we are looking to pay as-is and the...
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I was given issues trying to pull a HELOC on my SFR after rehab because of "mortgage seasoning"I purchased this SFR with conventional 80% loan.After rehab, I still was able to pull 36k HELOC with a 6.0% rate. (was aim...
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Investment Info:
Single-family residence fix & flip investment in Norfolk.
Purchase price: $94,900
Cash invested: $35,125
Sale price: $180,000
This was a newer house that just needed cosmetic...
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Hi all, I'm interested in a property that is being foreclosed and I'd like to do a title search on it but I'm not sure where to look up this information. I already searched the county clerk's website and nothing showe...
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Investment Info:
Condo buy & hold investment.
Purchase price: $189,000
Cash invested: $50,000
2 Bedroom 2 Bath condo 15 min from Downtown Phoenix in Mesa Arizona.
What made you interest...
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Hello BP Family,
I am contemplating on buying a property that has been foreclosed on. However, the previous owners are still there! I have a few other foreclosed properties with tenants in them but the owner...