Hey BP members im coming along my real estate journey and was able to successfully attain my first House Hack (ill post the story soon). This transaction brought me a lead to a motivated seller, that wants to do selle...
I'm getting ready to buy my first place, a 2-flat, and I'm curious how I should look at my cashflows since I'm using a HELOC from my primary residence as a downpayment. If my CF on a monthly basis is enough to exactl...
Hi all!I'm new to BP and have throughly enjoyed reading the various forums. I've learned a lot so far and I am excited to learn even more! I do have a question concerning the FHA guideline changes that will be occurri...
My new tenant, who will move in Oct. 1st, has requested that her employer automatically deposit rent into our account weekly. Our bank said they would do it and it all sounds good to me, but I have never collected re...
Hi,My rental was in Anne Arundel County, MD. Since the tenant moved in this March, he was always late for rent payment. This month, he was $400 short of a full month's rent ($2400/month) and already 13 days late. Can ...
I just got my heloc setup and probably going to brrrr some cheap houses but just wondering how to calculate the payments for the heloc with a 7.49 rate, i took out 20k and my monthly payments would be 300 a month is t...
I purchased my first property back in 2018; the monthly mortgage payment is $1300 (which includes interest, principal, property tax, and insurance). I leased the property a month after the purchase for $1550 a month (...
Hey everyone, I know this question has probably been posed a lot but I wanted to see if I could get some feedback on my situation. Back in September I started the uphill battle of paying off mine and my wife's $55k wo...
I found a property that sounds like a good deal. Wanted to run this past you guys and also see about getting financed.
2 buildings - 4 units total (two duplexes)
each unit is a 2bd, 1ba
They are asking $133,000 for ...
Single Family Rental tenant pays late consistently (5 of last 6 months) but pays and pays late fees which boost my cashflow by $75 per month. Tenant has never gone past the end of the month without paying in full but ...