Hi BP members,I am looking to invest in a SFH that cost about $400,000. With 20% down the property will negative cash flow $500/mo. It breaks even @40% down. One lender advised me it's better to negative cash flow ...
My husband and I invested in a property with Mack about five years ago. We intended to do several but within the first year it started going bad. Awful tenants, evictions, drops in rent. Nearly impossible to get an...
I've started a new "Sub$30k" thread in an effort to step away from the chaos that has become a few of the other threads. While I've reviewed most of the opinions contained in their respective comments sections, I'd li...
I have 1 property which rents for an above avg $1275/mo, SFH, tenant pays all utilities, yardcare, etc. We did a full reno 3+ years ago and have a mtg so cash flow is only about $450/mo. So far we have had 3 tenants...
Hey all. I recently heard of someone who has acquired a lot of property recently. Some main st village type property, mixed use with store fronts etc. I heard through the grape fine that he had recently started “scoop...
Has anyone else noticed the increasing number of people on Bigger Pockets requesting financing, especially to tap into the equity of their current portfolio? I’m seeing a significant uptick in this trend, and it's got...
Anyone used/heard of this HML??? Just found them.
Check 'em out: http://www.dohardmoney.com
They will go 100% LTP (loan to purchase), provide POF, backend their orig. fee and loan payments, etc.
They sound like a s...
Hey, just had a question for landlords out there to see what everyone else would do in this situation... We have a tenant who has been on time or early coming up on 3 years now and keep the place in excellent conditio...
Hey folks, looking for any experiences you can share that are similar and/or advice on how to best prepare for this upcoming Mediation date. I've never done this before.Here's the story: we inherited a Section8 tenant...