Hello BP Community, thank you very much for reading. I am hopefully going to be acquiring my first rental unit, a duplex, shortly, presenting offer tomorrow. It's an interesting situation, explanation and analysis bel...
Hello,I've a deal that came across my table for which the expenses are 80% of the annual rent. What is the recommendation as per the 50% rule ? Should I avoid deals that have too high ratio of expenses and rent ?Pleas...
Trying to figure out what my best option is here's the situation
Own a small 3 2 home in south Florida in my name for almost 20yrs because I've owned for so long my taxes are extremely low around $800 a year.
All...
Alright so I currently am in negotiations with a local property owner. Its an off market deal so I'm not in a huge hurry, but plan to make an offer within the next week or two. I have the numbers listed below. Things...
Interest rates are extremely low and I want to take advantage of this as much as possible. I'm looking to create additional leverage through inexpensive, long term financing options to then reinvest into syndicated...
Please explain how this works. Im looking to take out a heloc on my first first property and use it as a down payment on a rental property. What i dont understand and need help breaking down is im told to refinance th...
Title says it all but I’m wondering how you all manage your properties with a business name? I think we would have trouble moving the property into an LLC. We want to remain pretty anonymous- don’t want tenants know...
I'm looking to get into my first property as an investor; specifically, a SFH rental. I have $40K for a downpayment, but, as this is an investment property, I am looking at 7.125% APR with 25% down, or 7.5% with 15% d...
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Is it just me or is it extremely rare to find a conventional loan for about $50,000? I have been going to all the banks in my area, and all of the online banks available to me through bigger pockets and so far, not on...