Ashish Divay
Coming up with Down payment
Other than saving over a long period of time, how can I come up with a 20% downpayment for a 450k triplex I found for sale? Getting a loan is no problem but 20% down is 90k and I don't have that.Any ideas?
Jamie Oliver
Newbie from Phoenix - Options for Hands-on Experience?
Hi Everyone! I just joined BP after being a long time visitor/lurker. I've been interested in REI for a while, but just now getting serious. I got my AZ license about 18 months ago purely out of curiosity and wantin...
Michael M.
Double Ending a Deal
I want to flip my first SFH, I've mostly been making offers on houses on the MLS. I am using an agent, and we have a pretty good relationship. I am thinking of asking him if he will let the listing agent double end th...
Robert C.
Is there hope for a low earning newbie?
Hi BP community,Recently I discovered the world of real estate investing and have been so excited about it. I have been reading books, devouring podcasts, connecting with others, and filling my head with content from ...
Glen Robinson
Kentucky firefighter mind blown by BP
Introduction I am Glen Robinson 34 from Owensboro, Kentucky. I have always been interested in real estate since high school but let college, getting married, joining military and so on get in the way of getting starte...
Chandra Towns
Getting Personal Finances in order before Investing
Hello,
I have been reading " The Book on Rental Property Investing: How to Create Wealth with Intelligent Buy & Hold Real Estate Investing". As I'm reading I'm writing my questions down. One question I have is in...
Laurena Davis
How to price a performing 2nd?
Thank you all for the wonderful information in this forum!
Question: How do you appropriately price performing 2nds? Let's assume a nonjudicial state with seasoned pay history.
Do you price based on a certain IRR,...
Babu Ramadoss
Why should we do 30 yr when compared to a 15-yr mortgage ?
Hi
I understand that people advice higher Cash ROIs to evaluate a rental (investment) property so that you will have cashflow. However, I am wondering why is it not a good option to go for short-term loan so that...
John Hagen
How can we get around high move in cost?
We are having some trouble filling our vacancies here in November and it’s not from lack of interest, it’s from lack of money for the deposit. We are getting a lot of questions and showing request from our marketing i...
Kegan Brenner
Smart to pay down the mortgage sooner with low interest rate?!
Hello all, I am new to the group and wanted to start by asking a question on our business office building. My wife and I own a dental practice and purchased our building. Purchase price was $2M and we financed $1.7M @...