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Long story short, I have 3 properties in my own personal name: Small multi-family properties (a 4 unit and detached garage bank, another 4 unit, and a 3 unit) that I had residential HELOCs on in the second position, w...
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Are there lenders that will allow me to put less than 25% down on a sfh as an investor? If so, which?
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I'm want to make offers on mls listed properties by contacting and making an offer through the listing agents but am getting about a 10% response rate to my inquiries. Any tips or best practices for submitting a purc...
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I am interested in buying a short term rental in Lake Harmony which I can also use few times with my family/friends. My initial analysis is not looking very promising so asking the experts here for help -
1. How is t...
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Hey BP, outside of the normal LoopNet, local commercial agents and cold calling does anyone have any other advice on how to find available properties? Looking in Louisville KY / Cincinnati / Indianapolis / Nashville a...
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I’m under contract for a property at $50k and the replacement cost is approximately $275k. Most of the insurance quotes I’m getting is around $2500. ACV at $550.
The Replacement cost quotes are
Much higher than I ex...
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I'm waiting on a second quote for property insurance, I close on in a week. It is in zip code 38117 a 3/2 , 1025 sq feet. I am paying $55K, value ~$75-80K, insured replacement value $100K. My quote was $1009/year or $...
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Hi BP community, I just got introduced to this site and the wealth of knowledge I have acquired in such a little time is truly amazing.I am trying to get my first deal by driving for dollars and writing down the addre...
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This is a question in regards to the Providence owner-occupied tax break on real estate. As I understand, you can get the full break on 1-4 units if you owner occupy the property. What about 5+ units you owner occup...
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Im located in Houston TX, so far I have done a total of 2 flips working on getting another one soon. One of my goals this month is to meet new hard money lenders who will be able to work with me. I've meet some but th...