I have a question regarding real estate investment, which my lady and I are getting into and seek advice. We are trying to get benefits from First a Time Buyers programs to buy a multifamily building for under $300k. ...
Investment Info:
Large multi-family (5+ units) buy & hold investment in Irvine.
Purchase price: $70,000
Cash invested: $70,000
5 unit trailer park. Park owned trailers.
What made you in...
Hey BP,
My parents have an accepted offer for a second house in Nantucket where they would rent it out during the summer. What is the best strategy for a mortgage? They aren't sure about write offs and declaring inco...
Can somebody please educate me on the pros and cons of seller finance options. I want to get my foot in the game with buying a Cash flowing property. Little to no capital.
I have a fairly basic question that hopefully some of you more experienced investors can help me with. Let's assume someone is new to investing, preparing for their first deal and they have $100k cash (for simple num...
Hello BP!Looking to purchase a beach condo and use primarily as a vacation rental. Does anyone recommend a lender who doesn’t require 20%+ down? Any creative strategies to keep more of your cash in the bank? Thanks i...
Besides the beautiful scenery and summer vacation spot, what is your experience, if any, in Canyon Lake? Tons of high dollar weekend lake houses, but it is still a smaller community. Would investing here be smart? Or ...
Hello,
I am currently trying to purchase my first property and have found myself in a bind. I have found an off market triplex (2x 1b/1ba, 1x 2b/1ba) that needs new kitchens and bathrooms in all units and some work o...
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What's the minimum amount of money a new real estate investor should have in savings before buying their first rental property? Specifically for the BRRRR strategy on a single family residence. Any rules of thumb for ...