James Thompson
What to do next in SW VA
Morning all,
Just looking for thoughts on where to go next. I just purchased two duplexes in Lynchburg, VA with conventional mortgages and a HELOC (primary res) for the down payments. I'd like to continue to levera...
Jefferson Kim
Multi Family Home 5-Year Return Analysis for Orange County
https://docs.google.com/a/anaheimparkhotel.com/spreadsheet/ccc?key=0Ar8ivt6iydY7dDExcGxrbjAtMnlaRzRHTWN5bjBUeEE#gid=1
I'm currently looking through Orange County for fourplexes to purchase and have created a spreadsh...
Vince Douglass
Can FHA Loan be used for second home purchase ?
Hello everyone. I’m looking to get some clarification on whether or not I would be able to use a FHA Loan for the purchase of a second home after living in the first for a year. I have read that a homeowner cannot hav...
Andy Krzanowsky
Pros and Cons between 15yr, 20yr, or commercial 5/20- LET'S TALK!
Hey all just looking for a little discussion for my options on getting financing going after my "BRRRR" in Lawrence, Kansas.I will be able to get all my capital back out of this deal when I refinance here in the near ...
Brian Sall
collecting back rent when you buy a property?
hey BP - i know that when you purchase a multi-family investment property the tenants and leases come with them. historically...if the tenant owes back rent (lets say they are 3 months behind with the previous owner) ...
Shervin Golgiri
The Future of Renting: Where Will the Rental Market Be in 5 Years?
After 2020, we saw a significant rise in home prices and inflation, accelerated by a variety of factors. Many homeowners locked in mortgage rates at historically low levels, between 2.5% and 3%, providing a golden opp...
Jay Rugs
We want to buy the farm - and keep our payments low!
We have been offered the opportunity to purchase a large farm that was once in my family and has significant sentimental and historical value. While we intend to occasionally live on the property, our primary goal is...
Tanner Shore
Rent vs. Buy at similar monthly price ranges
Hi everyone,
I am having an internal debate. I am 23, and I plan on getting my own place soon. I live in southern California, so renting an apartment isn't the cheapest. I have found a few apartments for anywhere fro...
Lisa Caracciolo
Need advice on a whether to buy a duplex - Chandler Arizona
I'm debating purchasing a duplex in Chandler, Arizona. I would be getting it from a wholesaler at $290k (ARV might be $330k) and it is made up of a 2/1, 625 sqft and a 1/1, 525 sq ft. It would be a value-add, I'd prob...
Yashar E.
Market Corrections and how to approach them
Hello BPers,As we all spend time analyzing deals and determining “flip” or “buy and hold” I was wondering if anybody here currently runs their numbers anticipating another major market correction. I am not sure if an...