Steve B.
Sell or hold rental in military town
I need some help in figuring out whether to keep renting this house out or sell. Here are the numbers, if I left anything out or you want more information let me know:Single-family homeOriginal Mortgage = $114,500 VA...
Ryan McElroy
I need experience...
My ultimate goal is to develop massive condominiums or apartment complexes for profit and investment purposes. I dont have much experience in development yet, just some entry level knowledge as a commercial real esta...
Hugh Scarlett
Newbie from Down Under, investing in IN & MI
Hi everyone, just joined BP having come across the site whilst scouring Detroit properties on the weekend. Yep the usual web thing... 'that looks interesting.... Click...' and the rest is history. Then an hour later...
Joshua Durrin
Finally Ready! Newbie in the East Bay Area! Hi!
Wow BPers,
I finally did it! I finally completed my business plan and feel ready to make my intro and get going.
I've been cruising through these forums for a bit without having done a formal introduction until n...
Freddy Pettiford
Exit Strategy
Hey BP, My home that i currently live in i purchased for about 80k in North Carolina using a VA Loan. I have only lived in this house for about 6 months and only plan to be here for another 2 years. At that time i wil...
Mike Lock
Strategies for an expensive market?
Hi Everyone,Thanks for reading. I’m brand new on my journey and exploring rental income strategies. For my first deal I’d strongly prefer to stay local, but my market (greater Boston) is expensive and overheated.I’m i...
Jason Keating
Closing costs $9305 on a 108000 cash out!!
This seems excessive to me. Cash out is at a small local credit union. They said this is what they account for and anticipate so it may change. What are your thoughts? What can I negotiate down? Rate is 4% on a 30 y...
Kyle Jenkins
New to REI in the military, here is my scenario
At 19 I purchased my first property in the military. With a zero down mortgage i got a 2/2 condo that i plan on renting out in 2 years when I move. The condo should cash flow 100-200 a month. I move in 2 years and i ...
Nina Sachdev
Yo, BP! New investor from Philly!
Hi everyone! I would like to purchase my first property this year. I think it’s doable. I have the cash and no debt. I have narrowed my list to four areas: Jacksonville, Fla., Toledo, Ohio, Pittsburgh (where I went to...
Scott K.
Completely starting over (divorce)
Well damn. Its been a week since I was told the great news that she is moving on. Didn't see it coming. So here is where I stand. we own 3 total properties 2 are free and clear and the one that we still owe on (103...