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4/2 1800 sq ft, large lot, located in greater cincinnati, rented for $875, $62,500 20% down 8% interest, two year balloon, 30 year am. Comps point at 55K. House is dated but in good condition.
If so, why?
If not, w...
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Hey BP fam,
Have a single family home I got under contract and planned on wholesaling. Nice property in Texas and the entry is 12k. The only issue is the interest rate is 7.125%. I’ve tried posting it in communities...
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365 days ago I had four units. I primarily stick with 3 bd 1 ba units. Average rent is $800 per unit. Then I found a quadplex and ran the numbers. Presented the numbers to a potential investor. I utilized the strategi...
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Newbie investor looking for advice. Purchased a foreclosed property with $549k and 10% down through a hard money loan for an initial fix and flip. With the current market, I'm considering changing my exit strategy and...
Hello, I am just starting my real estate career (I bought a couple of best selling books and started reading) and have a question regarding refinancing:1- If I understood the concept well, refinancing is great in real...
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i have 4 properties and 27 tenants in socal over 4 properties. all props have fixed loans at less than 3.8%. I have $3.1M in equity. looking to build adu's and jadu's and looking for $500ish K. Anybody can point ...
Hey, so I’m new in the game and was wondering your opinion on a few things. First, I have about 250k in equity from my primary residence. I want to get into the game of investing. Should I be trying to buy a 3 or 4 pl...
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My brother has bad credit and currently has a mortgage with an interest only variable loan on his primary residence. He asked if I could add my name to refinance the property to get a better rate (30 year fixed). Luck...
I’m about to purchase an out of state property. I want to be protected In the event of a lawsuit. This topic has been debated over and over on BP and nobody can seem to come to a consensus. Should I create an LLC, or ...
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Hello, here's my situation:My wife and I own several properties separately.2 of the single family homes combined we have conservatively $150,000 in equity ($90,000, $60,000) I want to use one of these as collateral fo...