Victoria S.
Good CoC but possibly inheriting bad tenants
Guys I need some advice. I am under contract for a 4plex. CoC (taking into account vacancy/cap ex and maintenance) is 16%. It is a class B or C. Schools are 9 and 10s. One out of the 4 units is being renovated and we...
Michael J Ball
Looking to buy first investment property near Ft. Rucker
Hi all, new member.Quick background. Was USMC reserves after high school, did one tour and used the VA loan to buy my current house. Just graduated law school with no student loan debt, my wife is going for her NP and...
Michael Pitsos
Potential First Property... Should I Move Forward With It?
View report
*This link comes directly from our calculators, based on information input by the member who posted.
Ellen O'Neill
Is this considered "House Hacking?"
Hi all,So, I have decided to wait on buying a two family in my area as it is expensive and out of my price range. However, I would like to move out around 26 (I am 24). I am from NJ and have been on the fence of poten...
Beverly Hinds
Need a Lender in Rochester New York
Hit a snag in my investment goals :Scenario ;I have 85k Saved to invest I made 6 figures in 2018 Have 60k in equity in my existing rental property in Nassau county New York Good Credit BUT ....I lost my job last month...
Sean Schittig
Lake Champlain Vacation Rental
Hi All,I was wondering if anyone has experience in the short term/vacation rental business. My wife and I are looking to purchase a home on Lake Champlain and rent it out when we can't get up there (preferably the VT ...
Patrick Reagan
Possible deal with a below ground oil tank.
Am in negotiations with a seller of a home with a below ground oil tank in New Jersey.The seller agrees to remove the tank prior to closing,while the heating system depends on the tank.Should I also insist on a new...
Jeff L.
Stuck at 10 Loan Limit! Seeking lender/financing to move past it!
Hi BP,I'm a real estate investor from Southern California who buys single-family houses in Indianapolis.As you may know, Fannie Mae doesn't allow me to get any more conventional mortgages after 10.I'm closing on my 10...
Henry Lazerow
Still doing 10% down loans and just got a 6.75! Share your rates?
Curious what other BP members and realtors are getting for their client. Would be great to share contacts.Just did a 10% down on a 4 unit at 6.75% with an ARM. Got another client just quoted the same for another 4 uni...
Louis Wilson
Stats on cash offers in Austin?
I was wondering if anyone had any stats or data on cash offers in the Austin area? My gut feeling is that cash offers would win in multi-offer situations at a much higher rate and could sometimes command a discount to...