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I just bought my first condo and I’m getting it ready to list for rent.
This is my current game plan:
1. Open an Ally regular checking account just for that one property. (Deposit rent & pay for expenses)2. Use...
Hi, my name is Phillip and this is my first post.I've been listening to the podcasts and have been inspired to get back into real estate investing. This is the story of my first deal: I moved to Philadelphia to attend...
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Hi all!Newbie investor here. Some questions have arose for me after doing some reading, podcast listening, and property analyzing.For those with house hacking experience (especially with FHA financing) - based on your...
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Hey BP community!
I’ve been working with a lot of investors who are split between going the fix-and-flip route or holding properties for rental income. Each strategy seems to have its pros and cons, and I’m curious w...
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So my partner and I are hitting a dilemma trying to a obtain financing for a multi family triplex deal. Most lenders are rejecting us due to the loan minimums. It’s either too low, or we are too new.. is there’s anyon...
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I'm very new to the real estate scene, I turned 17 about 3 weeks ago but want to get my first property very shortly after 18 maybe even 17 if possible. Considering I don't plan on going to college after high school to...
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I am interested in some markets outside of mine. I live in the Northeast and deals are certainly tough to come by right now. Naturally, that has led me into looking at some different markets. The Philadelphia, Savanna...
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I opened an SDIRA last November and bought a foreclosure property in December. I had a few minor repairs made ~$1000. We put it for sale or rent on Craigslist and actually sold it for a $14k profit. It took us unti...
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I understand the process of buying owner financing, but not sure how to offer, negotiate and close a deal. My goal is to acquire real estate with little or no money, then use the property to yield positive cash flow t...
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I bought a small one bedroom/one bath condo with tenant in suburbs of Chicago. All I have to do is collect the rent every month. I got a regular conventional 30 year fixed loan with 25% downpayment with 6.99% rate.Ca...