Hello! So I have been saving money and likely will have close to 35,000 saved up by the end of April. I want to buy a rental property ( Most likely a duplex or a fourplex in Ohio or Indiana). the price range I am look...

Greetings BP members,I'm a newbie to the community and want to gather some opinions on my financing strategy.I currently have 2 properties, my personal home and a rental townhouse. Both are paid off. I'm now in a po...

Let's just say the home appraises for 200k. Will they approve a loan for someone buying at 210? How about 250k if they put more money down? I know there are lot's of factors involved, and it depends on the lender. But...

Hey everyone, looking to buy my first place.  Based on work and our lifestyle south Charlotte is the best location for my wife and I but also seems to be a really hard area to find good deals in.Our goal is to buy som...

...how much cash on hand are hard money lenders requiring, to do business with you..?

Hello,

We have found ourselves in a terrible situation.  We moved out of our home to do a large renovation and rented a house for us to live in.  When we were supposed to move back into the renovated house we bough...

I'm looking into a duplex in Oakland that will need repairs and doing a 203k loan (Market has slowed so this is possible). The payment will be $4,664 PITI and MI The lower unit will rent for $3100 and I will live in t...

Hi, I'm looking to invest in Detroit!!!! I live in CA now but I will relocate if the opportunity is there. Any advice???? ( I'm looking at Detroit rental opportunities).

Hi Bp,

So I have a 200k mortgage on my primary residence that's worth about 250k. But I plan on renting this house out in a year but I want to get a heloc on it before I do that, so I can get a highed heloc when it's...

What is the downside to purchasing a multi unit (28 units) building (currently approx 90+% rented),  if rates rise, and the economy slows? I heard on podcast 3 that the guest lost millions in the 2008 downturn. I am g...