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Hi Everyone, How would I capture seller financing in the BP rental property calculator? What are the typical terms (i.e. % down, interest rate, closing costs, are points usually paid)? I'm trying to figure out how I w...
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Hello everyone,
I have a triplex that I'm going to be doing a full renovation on. I'm planning on using Luxury Vinyl Plank (LVP) throughout each apartment, and was wondering if I should switch to Porcelain tile, LVP,...
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What's better? Buying a single family home first or buying a duplex? Can't decide which way to go. Either one would be our primary residence, so down payment and closing costs are fairly the same. We have found homes ...
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When people think about real estate investing, mobile home parks might not be the first thing that comes to mind. However they are quickly becoming a hidden gem for savvy investors. Here’s why.
First, mobile home par...
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Hello BP,I’m a new investor who purchased a SFR in Illinois. I’d like to get the property insured. I’m a bit confused and quite frankly frustrated, as to what policy will best fit this situation. Since the property is...
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I'm really trying to get the ball rolling on REI. I recently found an agent (thanks to BP & she's awesome) and asked where I should go to get pre-approved. She in turn referred me to a Wells Fargo lender. My ques...
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According to this Wall Street Journal article, lumber prices are finally dropping. Is this the beginning of a crash or are we going back to ”normal”? I would like to here your opinions. https://www.wsj.com/articles/lu...
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Hi BP members,I would like to ask regarding with financing for multifamily. I am looking for multifamily especially fourplex and I came across with one lender which is offering 2+1 rental hard money loan. I would like...
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So I am a big fan of Yale Appliances blog. They are one of the largest appliance shops in the greater Boston area. Even though I don't need any appliances, I still read their blog and subscribe. They provide data on r...
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Hi all,My agent presented an opportunity to me that would use seller financing and I had a few questions. The seller is looking to sell a house he bought and renovated. Based on a conversation with my agent, the selle...