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Hi All! I looking to invest in my first Multifamily property, 2-4 units. I currently own and reside in my primary residence would be strictly an investment property. I have a BASIC understanding of the process, but...
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Just looking for advice on an idea.I have my primary residence in CA (conventional loan @2.875% - approx. $180k+ equity). I’m closing this week on my second rental property (both conventional) in St. Louis. I am eligi...
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After reading several books about note investing and attending some local REO networking events, I’m still not clear about the exit strategy when purchasing non-performing notes.Let’s say there is an offer by a hedge ...
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Hi BP community! I am looking for some advice on options for first time home buyer financing. I found a turn-key duplex that I am interested in house hacking by renting out one unit and living in the other. I am consi...
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I am struggling to input the Hard money lender portion into the BP calculator. I plan on having the HM loan for 3 months. I am getting confused with the following1.when putting down the down payment option for the pur...
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How do I actually start investing and finance deals, renovate them, and use the method above in real life instead of just listening to people talk about it..?Really new here, so thanks in advance for the help and unde...
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Looking for any recommendations on mortgages. I currently own a single family home and have an FHA 3.6% interest rate 30 year loan in which I pay $1,559 per month, which includes PMI. I currently rent out the extra ro...
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I am looking to buy my second rental property. There is a 4 plex that is a complete renovation. It is listed for $77,000 and has already been gutted. There are 3 apartments that are 1 bedrooms and 1 apartment has 2...
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Hi all,I’m looking to buy my first home and i’m running into a lot of listings being sold as-is or without COO. Will mortgage lenders give a loan for these properties or would i have to go to a private lender? If so, ...
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For my first REI, I am considering an off-market mixed-use building in a great/solid area. Lower level is a bar (has been operating for decades) and upper level is a three-bedroom occupied rental apartment. The seller...