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I was fortunate enough to purchase a multifamily using a FHA loan. It was a short sale in 2015. Purchase Price: $600kMortgage balance: $540k @ 3%Net income: $1600/monthThanks to nice growth in this neighborhood, which...
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You make your money when you buy, etc.If I were to buy a 3 br 2 bth single family in a desirable neighborhood, no repairs needed, traditional financing with a 30yr fixed rate mortgage, would i be making a bad investme...
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Hello,
My name is Marie. Finally getting started on this pipe dream of buying and selling property. For the last 10 years I have worked in construction. And for the last 2 years I have been working as a Pipef...
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Hello!
I'm hoping to connect with as many like minded people as possible. I'm very eager and excited for this journey.
5 years ago, I picked up a few books in real estate, had bigger podcast saved and listened ...
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Hi all, I have learned a lot after lurking for nearly a year on BP forums. Thank you all for your helpful posts. My wife and I “house-hacked” (hope that’s the correct terminology?) our way into f...
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I've been talking with a couple of RE agents about possibly purchasing in South Lake Tahoe. The prices are around $350 for a 3-4 bed/2baths SFR. These homes are within 4 miles of the main strip and casinos. There's ...
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Hi BP. I live in Los Angeles where my wife and I have been having trouble buying a home for our residence. We took a cash out refi on a rental property that she owns in Murfreesboro TN, which we were going to use fo...
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What do you think?
We're waiting to see how it affects the tenants in our houses and those whose notes we hold.
https://www.ocregister.com/2020/03/24/l-a-billionaire-coronavirus-puts-real-estate-on-brink-of-collapse/
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I am new to insurance for landlording and need help to see if i can save more on insurance. I bought for 49.9k with 11700 for down and closing. Worth 82k fixed up in Wichita, KS
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Has anyone done a crawl space to basement conversion in the Denver Colorado area or any area? I'm looking to dig out a basement that has a cellar type of area right now. From what I've been told, its cheaper than goin...