Investment and commercial properties have different loan requirements than residential properties.
A higher down-payment is required. The minimum is 25%. This is the first key difference.
The reason for this: banks...
I'm a new investor interested in short term returns such as fix & flip. $93k isn't a lot of money, but how would you invest it?
I’m setting up an LLC by the end of the month so I don’t lose my momentum. I’m in TX and plan to use it as the entity holding the contracts for wholesale deals and eventually purchase multi family properties with it. ...
Hey bp members,
Lets say i get a home with a 30 year mortgage and down the road i need to sell it and its year 5, but since the first couple of years on a mortgage payment its mostly interest being paid off i would h...
I'm a new investor in Utah. I'm working to put together my team - I have my first rental property under contract and will be closing in about 45 days. After that I plan to keep building my portfolio one deal at a ti...
I was at a Meetup the other day and they had asked me about if I had countered anybody on my rentals who wasn't supposed to be there and when you call the police they presented a fake lease to the police to prevent th...
With Pandemic, and uncertainty of economic future made me think that the house prices would have been effected too. However home prices in our area still overpriced, they are actually going up if you can believe it. W...
So I been listening to the podcast, and I hear when marketing investors are targeting (when sending direct mail) houses that have Equity. How can you tell if the house has equity or not? Is it the purchase price compa...
Hey everyone,
Just curious what everyone's thoughts are on out-of-province investing, particularly in Short Term Rentals. I live in Vancouver, BC, Canada.
Do you guys set up systems in order to manage them from a...
I'm a new investor and I've been reading doing some research on the BRRRR strategy and was wondering how does the refinance step work? I know that you'll be taking out a larger mortgage by borrowing more money than yo...