I am nearly completed with my first fix and flip and will be doing a cash out refi in about 2-3 months. I was told recently that I could negotiate refinance fees basically down to nothing if I tried hard enough. Thi...
I am still a fairly new BP member, almost 12 weeks in (!), and I am on the cusp of making an offer on my first "Out~of~State" property. I remember hearing about a checklist regarding "Just before the Purchase" somewhe...
Greetings!I'm an infill home builder and rehabber in Portland, OR.We currently focus on higher margin projects and are taking down about 4 projects a year. Anything else that comes across our plate from direct marketi...
Hello,I’m in the market for a Home Equity Line of Credit (HELOC). My preference is to establish a relationship with a bank or credit union which sells their mortgage loans to Freddie Mac. According to #AskBP 095, Fred...
Curious what people think about renting one of your properties to your PM. Is this okay, allowed, or does it set you up for conflicts of interest down the road? Does anyone have any experience / stories with such a ...
Hello BP! I am looking for some advice and guidance, hopefully someone can help me. I currently live in Queens, NY and will be moving upstate to Rochester, NY early next year. My husband and I own 3 two family homes i...
Investment Info:
Single-family residence buy & hold investment in Panama City.
Purchase price: $53,250
Cash invested: $850
This was my first BRRRR deal and I learned a ton along the way! I bought...
Owning rental property is a business. Generally speaking, revenue is earned through rent payments from a tenant. Having an empty space, whether it be an apartment unit or a single family rental, is considered a vacanc...
I have a very good but busy w-2 job that I enjoy and keeps me out of state most of the year. Trying to find a central Florida (Orlando Area)multi-family/apartment seems like Frodo trying to get to Mount Doom. The comp...
Hey Guys,
Looking to close on my first investment, a duplex to house-hack. The numbers work when accounting for management fees. However, I was wondering what you guys thought about self-managing a house-hack vs havi...