I'm seeing some softening of the contract sales market selling mobile homes in my mobile home community. The town the mobile home community is in has a LARGE percent of tenants vs. home owners (60/40), so I'm wonderi...
Hi BP - I currently live (rent) and work in NYC but want to (i) house hack, and maybe down the road invest further, in New Jersey, (ii) invest with 2 people in multifamily properties in Massachusetts, one of which has...
Debt Management ? How do you handle Debt ?
Hey BP Team!I'm a licensed CPA living in NYC and have just recently given my 2 weeks notice for my position at Ernst & Young, a Big 4 Public Accounting Firm. I have one hell of an analytical sense and three years ...
Hello, I am looking for short term financing for a fix and flip. I need an additional $90k for closing costs. For my area New York (lower Hudson Valley), can any one recommend a lender than can finance $90k for 9 mo...
I listened to an older podcast on BP about notes and the guest kept mentioning he used 2nd mortgages to get them. I was hoping someone could explain to me what a 2nd mortgage is and how it works.
Hello, I am looking for C class neighborhoods to invest in. I want to stay in Cleveland. I am looking for neighborhoods with positive appreciation and cash flow. I plan to invest into smaller multi-family 2-5 unit tur...
Hi all,I'm looking for feedback on my investment strategy, and maybe some insight as to where I haven't given enough thought. My wife and I own our home (no debt) and have available equity in a HELOC. My plan is to us...
I would like to know if it is possible for taking out a loan just for the closing cost, rehab and the down payment? I am only asking because there are two software I am using to like an evaluation of the property so I...
I found a great deal on a 1930’s era house, remodeled, and it sits on a 1.00 acre lot that I could build two additional rentals on. HOWEVER, there is asbestos in the home, as most homes of this time have asbestos some...