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It's a popular question people are asking me these days. Here are my answers...Will rates at some point be lower than they are today? Yes. What most people really mean when they ask me this question, though, is whethe...
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I may have to opportunity to purchase a 13,500 sq ft property in which a SFH sits on the north half and the south half is undeveloped. The home would have a CoC return of ~4.8% and is being looked at by many buyers. ...
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I'm currently in discussion with two lenders to secure a conventional mortgage for a SFH rental property. I have experience with PennyMac, and they are currently offering the better loan estimate. However, Rocket Mort...
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I am in the middle of buying my first rental. It is a 4plex with 3 1 bedrooms and 1 2 bedroom. All rents are currently 700 with the hope in the future to getting them up to 900 and 1100. Is it wise to buy this place f...
Hello,
Wife and I are 26/29. We make approximately ~170k in W2 in DFW.
I have a paid off rental valued at $330k. I can cash out approximately $240k at 3.5%. However, closing costs are about $8000. Property rent is $...
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Hi all BP members,
I'm looking to start marketing campaigns in my area, most likely direct mail marketing. I've been creating a website to have some infrastructure before I start the campaign. My personal perspective...
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I got a call from a home owner who is going through divorce and wants to get rid of his property for what he and future ex owe which is $79K. The property market value is around $100K but it's located in a part of the...
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Hello,I am looking to purchase a property as second home. I understand the mortgage rates are lower for second home compared to investment property.If I decide to rent this property in the future for any reasons (airb...
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when using the spreadsheet or calculating the future estimate of appreciation, rent, expenses, inflation(as a percentage increase). Where are you getting this trend analysis information from? Is it just some guessti...
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I know a lot of folks on this site are looking for cash flow, but as a part-time REI I would strongly prefer capital appreciation (for cash flow in the future) because I have a good corporate job and want to minimize ...