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Hello my fellow BPers I have a question for you investors out there this maybe a tricky one. My question is what would you pay for a 4 bedroom 2 bathroom bungalow 1719 sq ft. this home was built in 1926 it has origina...
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Hey guys I would like to understand something Purchase price: $270KReno: 70KARV: 420K My lender fund 75% from ARV which is 315K , it covers the purchase price also he covers 100% or rehab , I need explanation about t...
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I am currently refinancing a rental property that I own. The new loan will have a $77,000 principal balance and a 15-year amortization and term. The loan officer presented me with the following interest rate options:3...
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I am in the process of renting a property using Section 8. I am asking for $1295 in rent however the housing authority approved $1223 although the Zillow estimate is $1295. Can I challenge this? If not, can I charg...
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When I did my 2021 taxes, I wanted to position myself as making enough money so that I could qualify to buy another investment property in 2022I actually didn’t take all of my deductions for one of my houses so that I...
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I'm currently looking at two potential rental properties but having trouble running the numbers and developing a system to determine which is the better deal. So I turn to the experts at BP!Property 1980 sq feet with ...
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I am having to lower prices more than usual when listing the properties. Is Flipping risky right now?
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Looking for some help.My father passed away in 2007. He left no will and my mother's name was not on the deed, but she assumed the loan on the house (she's been paying it for 9 years now). I understand in Massachuset...
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If there's one piece of advice for rookies I see more often than others, it's to get involved with their local REIA groups ASAP. I'm registered and ready to go for next month's DREIA meeting here in Miami. But I want...
Do you calculate IRR?