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I have two C-class properties, no mortgage. I paid about $120,000 for both of them.
I also have a B-class property. Cheap mortgage, with balloon payment of $140k due in 2 years.
The B gives easy, stable, and r...
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I have a LTR property under contract that needs more rehab than I want. . I planned on getting a conventional loan and putting 25% of the purchase price down. I asked after I rehab the property, can I do a cash out...
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I made a dumb move, I know. I let a husband and wife (she's an acquaintance of mine) move into a SFH without paying the deposit. She was supposed to pay extra each month. They've paid their rent (after some chasing my...
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I am trying to figure out the best moves to make for my next couple of rentals and I am hoping you guys can offer some advice. First I will start off with a little background.I am 23 with a full time job making $60k a...
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I have an investment property in Chandler AZ
Appraised value $300k
Loan current balance is $130k, at 4.25% 30 yr fixed.
I put 25% down back in 2015 for it, and has just been going up since then.
To invest in more ...
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I’ve got about $45k in my TSP and had been considering pulling some out via a TSP loan to use as a down payment on a potential flip. I’m not retiring any time soon so I’ve got plenty of time to repay myself, and I’m ...
Hello everyone (particularly seasoned REIs), I came across a multi-fam. property listing in the Sun belt about a month ago. Owner is asking $650k. He's now open to seller/financing (wasn't originally). Owner will fina...
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Hi BP! I’m still pretty new to all this, and I’m looking to buy a rental with a cash offer if possible because it will be competitive. But I need hard money for the purchase (plan to BRRRR). How can I use hard money t...
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Hey All!Long time listener, first time caller... uh poster.If it helps form your opinion, a little background: We currently own a duplex down condo on the Far North side of Chicago, IL that we purchased almost two yea...
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Good afternoon BP! I'm reading more now than I ever have, trying to get myself in the best place possible to start my 1st Real Estate venture. My Road map is almost complete but I wanted to see what the community says...