Trying to decide on this.. what do you all think?Just closed on a single family house in Tampa and will relocate from Bronx, NY.. Mortgage on the Tampa house is 330k and 1600 per month.NY house is a 2br/2br/Studio. Re...
Hi BP Community!We are getting set to close our biggest CRE investment here in about two weeks and since it is a hybrid of creative financing and an SBA 504 loan, we wanted to share some lessons learned since we have ...
If your son or daughter came to you seriously wanting to learn to invest in real estate, what skills would you recommend they develop and how might you suggest they develop them?
There are many skills that can help a...
As regular readers of this site know there’s plenty of sentiment (and evidence) that we’re headed for some bad times, maybe even some truly TERRIBLE times.
I have two questions:
1) Are you worried and, if so, ho...
Hey all,First time home buyer and my dream is to purchase a multi-family, reno and house hack in North Brooklyn. I want to live in one unit and rent out the other unit to help pay off the mortgage, then buy another sp...
I have a track on a house that is a good flip candidate - 2 Br, I Ba, 70+ year old structure with a strong foundation and good systems, sitting on 1/3 acre at the end of a cul de sac. The seller is 70+ years old. He's...
Hi all! I am just starting out in REI and am looking at every option of saving and building capital to invest. I am 25 and contributing around $100-$200 a pay period to my 401K. I have only begun contributions last ye...
Hey everyone!
I have read a post about HELOC's before but couldn't really find an answer to the question. I'm curious if anyone has used a HELOC (home equity line of credit) to pay off their mortgage in larger chunks...
Hi Everyone, Pardon what could be a wildly ignorant question, but I drove from Chicago to suburban Indiana last weekend to look at some duplexes, and I am doing the same this weekend--needless to say, I am incredibly ...
I wanted to share a story with all of you that I'm sure you can relate to in one way or another. This will be more a blog type post and I'm posting it here simply because traffic is higher here.
What I'd like to do ...