Hello BP! I am a current senior in college majoring in finance. I house hacked my way into my first rental property this past year and now manage the rental myself. I am extremely interested in all things real estate ...
Newbie here practicing analyzing some properties in socal, particularly Inland Empire). I'm trying to implement the percent rules (2%, 70%, and 50%) but not even coming close with the property values. What percentages...
At how many number of units for a multifamily property would you bring in a property management firm (onsite or offsite)?
I’ve been listening to the podcast and watching some of the YouTube videos on BP. I have a couple of financing questions that I’ve wondered this week based on what I’ve seen.
@davidgreene mentioned on this week’s pod...
I'm looking to buy my 2nd rental property, but have some financial questions.1. I own my own home and can take about $13,500 for a HELOC to use as a down payment. Q - If I do this, and then try to get a bank mortgage ...
Hello everyone, I have two HELOC one at 4.5 interest and the other at 5.5 interest.My question is am I paying a total of 10 percent on both loan or an average of 5 percent on my loans. The cheaper line of credit is o...
Help, I'm going to give as many details as possible because I'm just getting started and could use some good advice. I currently own 5 properties including my primary. 2 of them I just purchased as bad shape rehabs ...
Hello,I am a newbie in the REI world. My wife and I live in Irvine, CA and are looking to purchase our first rental property. We make ~450k per year and are mainly interested in investing in a property nearby. We're l...
Just wondering how many people out there are trying to understand Dodd Frank and the "Ability to repay" standard that is required for all owner-occupied home loans. I've been having conversations with investors from ...
My partner and I are planning to buy our first SFH in Memphis, TN this fall in cash utilizing the BRRRR method. We’re currently looking into financing options with the goal of getting our cash back before the 6 month ...