Account Closed
Buying another property
So a few months ago I bought a triplex and currently have a mortgage on it and what I am contemplating is that, is it a good idea to buy another multifamily property and have another mortgage? Or should I pay off my e...
Shawn Holmes
Can you FSBO in Colorado?
I currently own some property in Gunnison, Colorado and I'm looking at selling it to the current tenants without a Realtor. I was also looking at doing owner financing. Are you still able to do "For Sale By Owner (FSB...
Mike Willis
Recasting Loan on a Rental Property?
I have two rentals and contemplating on making a $10K towards the principle on each SFH and having the lender recast the loan. The recast is only $250 each property. Thoughts? I'm cash flowing $450 and $600 monthly, ...
Zachary Filstrup
Finding Partnerships for Out of State Investments
I am looking to buy more properties but putting down 20-25% each time plus closing costs etc is a lot of money that I also want to allocate to other goals.I have heard partnerships are a strategy to leverage other peo...
Lamont B.
Securing funds for investment
Afternoon BP community,I'm really new so bare with me.... Since reading Ultimate Guide provided by BP, I've been thinking about how to finance my first investment. So far I've contemplated cash advances from credit c...
DuRon Netsell
Parents private loan financing
Alright, so my situation is Monday I will be making an offer on an HUD foreclosure with full cash that my mother is giving me from a mutual fund that was to be my inheritance(60K).
My agent has suggested that my mom...
Maryan Abo
Multi family investment property vs. Condo in “big cities”?
Hello to whomever sees this post! I’m gearing up to purchase my first investment property but I live in Boston, MA. And if anyone knows this market, it’s PRICEY! I’d love to get the “most” out of my first investment p...
Jacob Elliott
Should I start investing in single-family homes to rent out now?
Good Morning All!
My wife and I are contemplating putting some of our money to work and buying a home to then rent out. This will be our first home and don't know exactly where to start. Before we do that, I had some...
Hunter Broschinsky
Get a real estate license or stick with an experienced broker?
100% chance I'm using an experienced investor friendly broker on the first deal. 100% chance I'm using one from deal 1-10 but what about after that? Im curious to see at what point if any I should get my license to he...
Kyle R.
Should I sell?
I'm contemplating selling one of my rental properties. It currently cash flows $175 per month and I have had no trouble renting it. I purchased it in 2013 for $128K, owe $103K. Based on current comps, it should not be...