Small little unit that needs a lot of work to get up to speed with market in TN is listed for 210k. I offered $140k assuming it needs at least 40k in repairs/upgrades and assuming a sale price of 240k. I compared it t...
It's been a long journey and I've finally arrived at the beginning!
-Jester Bobbity
TL;DR: I have ~$200K equity in my first (and only) multi-family. How do I get it out? And once I do, what next?
I bought a mul...
News and fears of an upcoming recession have many speculators are saying the markets will crash sometime later this year. Tampa Bay has only seen increasing demand for houses with supply that can barely keep up. In su...
What are your thoughts on interest only loans for buy and holds? I see the plus as more cash flow, but the downside of no principle paydown. My thought was that increasing cash flow in the growth stage of a portfoli...
Hi All,I'm new to this business, and been doing a lot of research to try and get to speed. Something that I keep reading, repeatedly, is that I need to work with a real estate agent so that I can "get MLS access." Now...
Hello everyone!I am lucky I stumbled on the BP community of like-minded people! Hope to find some bits of advice from giga brains 🧠 :))I am a 23yo newbie to RE. Last winter I came to a realization that all the gains, ...
Hello, I'm new to investing out-of-state. I live in PA (northeast of Philadelphia) and was looking to invest in Ohio markets due to their lower prices and appreciation. I connected with an agent and analyzed lots of d...
I am looking for the guys who live and breathe this business with ACTUAL notches on their belts, rather than just completing the latest and greatest seminar (no offense, as I am a rookie too) to evaluate my proposed r...
Hello BP Community,As I have been researching developing markets lately, I have taken the time to immerse myself within my community that I live in to learn more about my immediate market. I currently reside in Glouc...
I just purchased our family home for 366k and it is worth $425k-450k.
I am interested in refinancing so i can pull money out to buy another house. Also, wanting to get out of pmi.
Looking for thoughts from BP memb...