I've been on BP for several months now and have read books and listened to every podcast I can get my ears on... But somehow I feel like I've missed something pretty basic. I'd like to get started with the goal of buy...
Is it possible to refinance as an exit strategy from hard money loan?
My strategy is to buy & hold as I'm more comfortable managing property. My yearly income & my credit is pretty good.
What do I need to be...
just a little background. I have a nice triplex that NETS $833/month (and yes, that is after ALL expenses, capex, etc). I have a total of $42,000 cash into it. I have only owned it for 6 months. I bought it empty,...
Hello,
Long time reader and first time poster, first I'd like to Thank everyone for reading.
Im a small time landlord in the Ohio area, with the governor issuing new closures everyday and recommending social di...
I have recently researched Lonnie styled mobile home investing extensively.
Lonnie doesn't cover many of the issues which I have come across in any of his books.
All of these are issues are subject to the state o...
I asked a broker to quote a refi for one of my properties both as a rental and as a primary, to see what gives. The only difference was the interest rate on the rental was 62.5bps higher. I was anticipating a higher r...
To set the stage, I’m self employed with an over 800 credit score. Between my wife and I, our only loan is for our car. We have about $60k saved up in just a couple years and a $100k in a committed gift from family t...
Hey BP buddies, im 22, and Im poised to purchase this property in Tallahassee; my mentor always told me if you want to focus on scaling and maximize cash flow, your mortgage term should be interest-only payments and n...
Does anyone out there know of a bank/lender that lends at 85% LTV on non-owner occupied small multifamily (2 units) rental properties in New York?
I know this is a hilariously small amount, but what can be done with 500 dollars to start investing. I don't care how small the steps are just anything that creates that "first step". I have read real estate property ...