We are looking to eventually purchase a vacation home in Florida. We'd like something that we can use as a STR for a few years, and escape on our own a few times a year with family. I'm curious, those of you who are f...
Hey BP! Im in the stage ofInvesting in my education. I always hear how if you wait for the perfect time to invest, you will never make it happen, which makes perfect sense. However, given that I am a newbie do you thi...
I'll try to make this short, I'm about to venture into my first flip, property is $58000, rehab costs $50,000, arv $180,000. My liquid funds are extremely limited so finally I found a hard money lender that will fund ...
So I recently acquired a triplex on an FHA loan, and I am planning to remodel the unit where I will be occupying. I received three quotes for my remodeling project, but I am having a bit of a tough time trying to deci...
If I’m looking to buy and hold SFR for cash flow, how do you recommend proceeding?
Purchased SFR foreclosure in 2009 with $194K VA loan having 15 year fixed at 4.5 % APR. Current balance is $75K with estimated ...
I’m trying to set some financial goals for myself and I keep hearing how I should be specific so that I know exactly what I’m working towards. With that, I want to make sure I’m understanding some of the calculations ...
I have a lot under contract that the seller can not sell until July 10. Seller bought the lot last summer before things picked up, and now realizes he can make a small gain by selling on long term capital gains. He ...
It seems that the general consensus for a rental property loan would be a 30 year loan, and I used to agree. The idea is that you can use the cash flow to pay the loan if you want to, or use it for a higher returning ...
What is the biggest real estate investing mistake you have ever made?
Please share your experience in detail and provide a solution (if applicable).
Hi all,
I recently read a post on the BP blog about the importance of having a defined goal for your investment strategy. So, I thought I might share my goal and see what ideas other investors might have for accompl...