Hello BP, I am a novice investor and was intrigued by the idea of becoming a landlord. I see that you could make good money in this particular field but I had one obstacle that I simply don't understand. For example l...
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Most investors that have tried to purchase an investment property recently have been shocked by how high prices have remained given the higher interest rates and growing negative economic news. What gives?
I am c...
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Im in a unique position here, new investor. Have one investment property.
Im moving to a new market that I know decently well, looking to utilize an FHA and house hack with roommates.
My dilemma: The housing market...
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i know its good to use leverage when buying multifamily, why does the cash flow increase when debts is used. I am trying to wrap my mind around how an extra expense (debt) increases cash flow. Please leave comments be...
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Since this would be my first cashout refi, I'm wondering if I'm missing anything hereProperty: existing mortgage has 255,000 left on a 30-year fixed at 4.25%, property appraisal estimate 410,000- current mortgage is $...
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Hi, AllI have a question regarding the conventional loan on a triplex and would appreciate your information on it:Suppose I want to house hack a triplex and plan to move in to one of the units. Currently the other two...
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I have two rental properties
One with a $5400 mortgage payment with $6600 in rents coming after expenses ($1,200 in profit)
Another with a $2000 mortgage payment with $3000 in rents coming in after expenses ($1,000...
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Hello, I have a couple questions and I'm looking for advice. Check below. For market calculations, I'm in the San Antonio area.
About Me:
I'm 19. I'm moving closer to my college in the fall, and I'm looking at apart...
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When doing a Subject To deal who is the loan still under or how does it actually work? I have heard two scenarios, and I don't know which one is right. The first is that that the seller keeps the loan under his name. ...
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Hey all,I'm looking into assuming the mortgage on my sisters house and am struggling to figure out how to finance the equity that I would have to come up with to make the deal work. Some details on the deal below:Mort...