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Hi,In light of all the craziness due to Covid and rent moratorium, I was wondering what the percentage of rents collected are these days compared to pre COVID. What were you collecting as a percentage of total rent i...
Hello, I am currently in the process of buying a 4 plex and I have an investor that wants to give me a sum of money for part ownership of the property and I don't know how to structure the deal. My name will solely be...
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My Dad and I are teaming up to start a fix flip journey together. I have a friend who is further along on the path (has done 5-6 of her own) who has offered to help as a consultant of sorts. I have also been introduce...
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What is the minimum amount a house can be mortgaged for? I was told 65k but that would mean I can't get a conventional loan for anything less than around 80k or so figuring in for subtracting the down payment. This ca...
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Hello BP community. I’m curious to hear from both early and seasoned investors. If you had the opportunity to put down less than 25% on an investment property would you be willing to take less than 1% in rent per mont...
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I have been working on getting an fha loan for a duplex to get into real estate investing and have come across several hurdles along the way. As a recent college graduate, my student loans were one of the biggest iss...
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Initially when looking for my first rental I wanted to use the homepath program in order to lower the down payment. As I ran tests on the numbers leveraging up seems to be a better way to go.
My initial quest...
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Many of us plan to leave a good portion of our estates to charities. Charitable Remainder Trusts can be good vehicles for this while reducing taxes. Here are two articles I found. Link to original article at the ...
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Hello, I currently own a duplex. I live in one side and the other is rented . I would love to buy another property either a single family or another duplex but I am not qualified for a mortgage because of my debt rati...
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Hello BP members,I am thinking of buying a duplex about $120K. CF is about $800/month so awesome right for that a property that low. However, it's not in the best area. Appreciation is not great as I have seen the ...