I'm currently on my journey to looking for my first deal as a newbie and having initial funds is currently a challenge. I have around $20k cash but I want to save this money for the rainy days on the property. I'm loo...
If I wanted to increase cash flow and was willing to tolerate more risk, would it be wise to forego the security deposit and instead ask for higher rent?Let’s say the market rate is $5,000 for my property and the secu...
I am going to give some hypothetical numbers to illustrate my question. Say I was able to buy a $100,000 property that needed about $20,000 in rehab to get to a good state for renting. Say I used a commercial loan to ...
Just wanted to introduce myself I am am new to BP and I have been just looking around to see what the site has to offer I bought my first home now am am I the market looking for rental properties to built a portfolio....
As the number of investors swell, so do the number of "so called hard money lenders" Since the recession, a lot of hard money lenders, or as I will call them, "pretend hard money lenders" ask you this question. How mu...
Hello everyone, I had just purchased a house I plan to live in for a bit while I flip. Back when looking at it, I knew the bedroom walls were textured but not that the thing is mine and I've been in it daily for the...
After a harrowing battle with the bank to get a modification on a rental prop, they finally came through...Or did they? Bought the house as a flip that flopped in 08 and paid 260K. Current value is about 150k and...
So my wife and I recently bought a multi family with two existing tenants. One of the tenants has two dogs one is friendly and one is not. Today while at the property the tenant had both dogs on a leash and was walkin...
Hello,I am new to the real estate investment world and have a few questions about obtaining a conventional loan for financing. I am looking at buying a medium multifamily (30-50 units) and am looking to spend under 1...
Hey All,I'd love to hear your thoughts and feedback on this property and investor letter I'm sending out. It's a bit nerve-racking, but I know it's a good deal, and I feel like the terms are fair and that I've built ...