Hello everyone, I've only recently begun looking into becoming a real estate investor and I'm trying to gain as much knowledge as I can. I'm located in Middletown, CT and plan on buying a rental property in the next y...
Good Afternoon fellow investors!!I’m contemplating putting an offer on my first multifamily (2 fam) and I need some guidance on the deal. It seems like cash on cash return and cap rates vary from area to area. I know ...
Hello! I have a 35 unit deal I am underwriting, but it is a loan assumption. First about the deal, 30 units are apartments there is a separate building attached to the land that is 5 retail spaces. Anyways, I know the...
Good Evening Ladies and Gents!While I need to provide some context, I will attempt to keep brevity in mind, as I know time is our number one commodity here :) I just began my investing endeavor earlier this year - I w...
Hello BP family,I am a new RE investor in NYC. I was wondering if there's any Meet Up group for investors in NYC to casually network.I know REIA is a place that investors join with a fee, but I was wondering if there'...
Hi, i am trying to purchase my first STR. I thought i had found a lender but after running the numbers, was told i need a better credit score. has anyone ells had this problem or found a lender that will do 10% down w...
Look Beyond Your Nose
When I got out of high school, I went to work for a construction company driving an extremely large belly-dump at an earth dam project for a new lake.
Once a week there was a manda...
Hi everyone, I am seeking a DSCR loan on a single-family rental home in Birmingham Alabama. I am new to mortages, loans in general so any advice GREATLY appreciated. No idea what rates are fair or if I can borrow fr...
Back story: When I was in the Army I got stationed in Clarksville, TN in 2015. I bought a foreclosure just outside the back gate in a great neighborhood the rents very well for military families. I bought the property...
Statistical data from the 2012 US Census shows that the growth rate of many cities in the U.S. has recently surpassed that of suburban areas. Much has been made of this in the media as an evolving trend. However, what...