My 1st property will be ready in 2 weeks - May 1st. Its a 1910's style SFH that will rent for $650 p/m which is right at, to slightly lower than market rate. The windows are the original wood and pretty much every o...
I purchased a rental property in June with 20% down and financed with a conventional loan at 8.125%. Obviously, with rates dropping I am looking to refinance to reduce that rate. I have a loan estimate from a lender t...
Hey everyone, I have a purchase conundrum on my hands... I currently have a 2 unit duplex in Echo Park CA that I purchased in 2018 for around $1 mil, renovated for another $75k. It has been fully rented at $3k per u...
Hey,Looking for alittle advice on my situation. Me and my fiance purchased a 2 family house last November using an FHA. Purchase price of the home was 699k and we put down 10%. Interest rate on the loan is 7.25. (We b...
Hey BP,I have been reading and soaking up as much information from BP in the past couple years as possible. I have still yet to make my first investment, however I am now in a position where I feel comfortable enough ...
Hi Everyone,Long time lurker here. I've been dabbling in rehabbing/flipping since 06' and even done a bit of wholesaling. I've retired my day job as GP a few years early to allow the younger gen's to come up. I remain...
I find that most of my real estate investors get beat out on a deal by other investors who act quickly. Is there such a thing as being way too analytical instead of pulling the trigger? Which one would you rather be?
My wife and I are planning on house hacking a duplex property. When it comes to covering the mortgage, the property would do just that. When we ran the numbers, the insurance, vacancy, repairs, property tax, and any o...
Good evening,
I purchased a townhome in Houston, Texas in August 2020, locked in at a 3% rate with a low 5% down payment on a conventional loan for $284k. I currently sit at $258K to go on the mortgage and did this t...
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