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Hello BP!Our offer was accepted on an C+ Quadplex in an A+ area. It is walking distance to a medical college in one direction and to downtown in the other. Running numbers very, very conservatively it only cash flow...
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Hello BP community,I am waiting with anticipation to see if my investment property turns out to be the unicorn that I have I been chasing after... the magical BRRR-R! I live and invest in Williamsburg, Virginia. Las...
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Hi All,About to close on my first property in Hawaii. My LLC is setup and ready to take the title of the LLC after the mortgage closes (I discussed this with my lender and no concerns over the due on sale clause). How...
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With at least 7 rate hikes planned in this year alone, the rising cost of gas and the overall financial climate, how does a new investor decide on an approach? Or is this just a really good time to get to know my bigg...
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Hello. Couldn't write much on the description but here is the situation but first a quick background. I own a 4-plex and I self manage so I have some experience. My family and I live in a house (El Paso, Texas) we are...
If I buy a personal home first (first time home buyer) and then try to get a rental property with my business partner, would that present any problems, credit wise?What if I got the rental property first? Would that p...
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Hi all! I'm Jon. By day (and night, often enough), I'm a mortgage and structured finance attorney (secondary market bulk finance and conduit work, not individual properties or mortgages). A couple of my law partners a...
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I have finally evaluated 100 properties in Baltimore, MD! I can literally feel the adrenalin of turning my dreams into a reality. I have 60 more days to complete my first deal, as part of my 90 day challenge which end...
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My fiancé and I have been listening to BP and reading RE books like crazy the last two years. In that time, we've bought a single family house in NJ and condo in Philly. We are going to sell the SF house since the mar...
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Hello all,So, I have created a spreadsheet for the home that I currently live in and am considering leaving and renting out as opposed to selling. The spreadsheet includes the mortgage, insurance, prop tax, school tax...