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I am looking to buy a condo in the city using a second home loan. I know all the second home loan requirements so no need to hash that out here. I am more interested in people who do midterm rentals, anything over 1 m...
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Hi BP,I need your advice on whether I should get rid of my problematic out of state SFR rental property or take a loan to gut it.It’s a 120-year old 4br 1ba SFR in a not-so-good part of Allentown, PA - very typical to...
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What is the cheapest house you ve ever purchased?Why did you buy it?what did you do with it?Would you do it again?I hear about so many big money deals but low cost acquisition stories can be inspiring and motivational...
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Good morning,
I'm in analysis paralysis on pulling the trigger on my first two-unit investment property. Could you please help figure this out before I put in an offer this morning? Location is great for kids. 2 3-r...
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Hi everybody, I just bought my first property in Aiea, HI (on the outskirts of Honolulu) and am set to close the first week of October! I've been on BP for a looong time, but my real estate investing dreams were put o...
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Hi All,Here's my situation: I'm currently under contract for my first property! A duplex near uptown. It needs some cosmetic updates, and I want to finish the attic and turn in into 2 more bedrooms. My question to...
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I'd like to get feedback from the forum as to this situation and how I've answered her.....I have a potential renter that has gone through the background check successfully, and I've talked to her previous landlords a...
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I said it years ago and I'll say it again: Hawaii is not a good place to invest in short-term rentals. They claim it has to do with the housing crisis, but I suspect they're being pushed by the hotels and resorts.I vi...
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I have completed my first BRRRR successfully! It is a 2Br 1 Ba small SFR (Pictures Below). It took me about 4 months to complete this Rehab in from start to finish. I Hired out Most of the Big items : New roof, drivew...
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I just completed my FIRST FLIP! The rehab took approximately 3 ½ weeks. The home is a 2bd, 1ba townhouse that is slightly over 1000sq ft located in Illinois.Numbers:Purchase Price with closing cost: $55,290.25Rehab Co...