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Hello everyone,
Since COVID 19 has devastated different industries, and everyone is more cautious about how they do business (especially banks and lenders), how will the market look like for lenders after COVID? What...
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Hi I’m working on closing on my first investment property however I co-signed on my brothers mortgage 5 years ago and now my mortgage agent requires 12 months of his bank statements to show that I’m not the one paying...
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I am looking into buying a Foreclosure to do as a potential BRRRR deal. I have a few reservations that i wanted to see if anyone on BP could shed some light on. I am looking into these mainly because the inventory in ...
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As interest rates rise markets cool (some of them), though not necessarily the markets I am in. If we enter a new recession, this can impact the values fairly dramatically. On one hand, rising interest rates are good ...
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Your goals and story: I want to own a small multifamily that I can live in and manage. I have my father willing to help in any way.Type of property: multi-family (2-4 units)Location of property: North East PAPurpose o...
Hello all, first thread on BP!Quick question for you in regards to security deposit interest on a triplex my wife and I recently purchased. I did some searching and could not find an answer that fit my situation.Qui...
Hello! We currently have one rental in Raytown. I'd like to add some more over the next year. Looking to basically BRRR these - I had that plan but didn't know there was actually a name for it :) We have a property ma...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment in Pittsburgh.
Purchase price: $285,500
Cash invested: $5,000
Second property purchased with VA loan.
What made you...
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Hey Team LA, I'm buying FSBO home from a friend who is an extremely low risk seller and its been challenging finding an agency who will execute a transaction without forking an extra $2k on an owner title policy. My l...
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Morning BP Fam,Just figured I share yesterdays adventure in rent collection. I own a lot of property in D class areas. The upside to this is the get in price on properties is extremely low, you are paid in cash and th...