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I'm located in NY and have been waiting on the sidelines for a few years now educating myself and waiting for the cycle to end. Now seems like the right time to test the market and make lower offers. I'm interested ...
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As I have posted previously, I typical look for properties to buy and hold (rent). Seems the South Florida market is so heated I either face a bidding war the first day a property goes on the MLS, or I end up gett...
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If you are still in the rehabbing business, are you using borrowed funds or your own money or joint venture? If not your own funds, % for JV or rate you're paying for borrowed funds? After paying for borrowed funds , ...
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I'm a newcomer to the real estate game looking to buy my first rental property. I live in NYC and have been looking at different options about buying my first rental, such as house hacking, buying upstate and buying i...
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Hello BP Community,Going to look at a couple 4-plex's on Monday. They are currently listed for $39,900 and are directly across from each other, Fannie Mae properties. I have ran some numbers using the rental calculato...
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I recently sent out my first direct mail campaign and I found a motivated seller right off the bat. She is out of state and not making payments on the house. The bank has moved in and winterized the property but I d...
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Currently serving active duty military and I plan on getting out soon. I would like to take advantage of the VA loan. I figure that this could be a great start for real estate investing. Likely would be the place I w...
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I was generously gifted an out of town property just over a decade ago (2008) and have more recently become inspired and excited about learning how to use this property for wealth building. I've been on BP for a coup...
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Hello Everyone,I would like to get pre-approved for a loan so when I do have a good deal in front of me, my realtor would be ready to make an offer. My question here is Do I have to get a pre-approval from the lender ...
All we ever hear is the good news. Brokers and gurus promoting 25%+ returns. Promises of quick turn arounds. No sweat, no strain.Many times that’s true. I’ve built a portfolio of performing loans that more than pays m...