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Hello BP Community!I am 2 weeks from closing on our first property. We are purchasing it owner-occupied through conventional financing. As always, we believed we got a good deal. However, as we dug deeper, we are conc...
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After being at this for 28 years and a few thousand transactions, I’m starting to think the best way to help others build passive wealth is not selling them turn key rentals any longer. There’s too many things I can’t...
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So, I'm looking at various loan options. See attached jpgs. I'm working on my first deal. I am talking to a local lender who was referred to me. We had a good meeting, and he is giving me different options. We broke t...
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This is my first RE loan and I am working on my first deal. I was wondering if all of these numbers make sense. Thanks for the help. I do not have a property yet. This is just my pre approval so I can start the house ...
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Good Afternoon BP,I just started a podcast about all things Greenwich, CT Real Estate news related. I am trying a more casual approach with a conversational tone. The goal is to provide some insight to what is going o...
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My husband and I live in Chicago but want to buy an inexpensive vacation condo in Miami or Fort Lauderdale for about 150,000. We own our primary residence in Chicago which is paid for. Does it make sense to buy a seco...
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I have a 3/2 t/h arv 210k, rents 1250, balance 70k, in Raleigh Cary NcI thought to do my first lease to own as an income play, or slow flip, rather than a continuous straight lease.2% non refundable option to buy, a l...
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Hello BP, I am learning so much from everyone and I hope I can contribute to newbies like myself once I have some experience to share. I am currently a homeowner & have 100k equity built up with a remaining mortga...
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I just had a bid accepted for a 2 unit (zoned for 3) detached home in the Bronx, NY. There is a significant amount of work that needs to be done, including the conversion to 3 units. I'm looking for a good strategy ...