Jonathan Schell
Closing this month. First rental property. Norristown, PA
After five long months of inspection after inspection, signature after signature... I'm scheduled to close on my first investment property. I have a few questions.1) I wanted to close (sign the paperwork, specifically...
Joel Bechtel
Automating Multifamily Deals – Licensing Opportunity for Investment Groups
Hey everyone! I’m Joel Bechtel. With 34 years of real estate investing experience, I’ve been involved in everything from owning rental properties to flipping. I also have a background in software, having founded and s...
Tyler Daly
Tips Heading Into First Time Multifamily/Property Purchase?
Hi Everyone!I'll preface this post telling you all a little bit about myself and how I got to this point today: I am 25, turning 26 in July, and have spent the last 28 months aggressively paying off my student loans. ...
Account Closed
Anybody with experience using 203k loan in Chicago?
I've been thinking of trying to purchase a buy and hold three flat (Multifamily) property in Chicago using 203K loan. If you have done this, what are your thoughts? Do you have any advice?
Summer Cherry
Is a refi worth $250 savings on the pmt for a cost of $5921?
So my current mortgage is a FHA loan at 4.375% with a $2600 pmt and I have 28.5 years left with a $340,276 balance. Values in my area have gone up more than 5%. My house is a 3-unit MFH and comps are hard to find beca...
Maxine Brown
Bookkeeping Account Payable or Bookkeeping software
BP Family.
Here is a question, with 15 doors under my belt. Should I hire a bookkeeper, as suggested by Robert Kiyosaki "Rich Dad, Poor Dad"...i think i do a pretty good job myself. However, would i do better with a ...
Taylar Caraway
What is the 203k Loan Process... in Detail!
My fiance and I are moving to Atlanta this fall and are going to use a 203k loan to rehab a multi-family (duplex, triplex, quadplex) and kickstart our real estate investing career. We have found a lender that we would...
Travis Bobo
Conventional Mortgage Requirements
Hey BP,I am currently working on locating my first deal. I am looking to buy and hold and we are looking at property in the 50k to 100k range. I have A+ credit and will be able to put 20% down. Most everything we h...
Anthony Velez
Condos that don't have 10% in reserves require 20% down ?
I live in south florida and I'm currently looking to buy a condo to live in it for a while then rent it out , however I have been running into a problem .I have been approved for 150,000 with Quicken Loans . This amou...
Kevin Wattenbarger
Property Management Bookkeeping
Hello BP:
I am in the process of trying to streamline my book keeping process from my real estate investments. Thankfully my real estate investments have prospered over the past few years. I currently have 25 units a...