Hi all, I'm a 22-year old, first-time home buyer who has been wanting to get involved in rental properties for a while.I'm looking to relocate to San Diego in a few months, and I figured this is the perfect chance to ...

Hey guys I'm not sure how to handle this situation. Monday I'm closing on my first rental property. I'll be profiting $1000 each month after expenses. I'm super excited. The problem comes with the rental property my s...

Hey Members,Hopefully everyone is having a great weekend.  I'm looking for some feedback from investors, agents or other real estate professional in the Chicagoland area.  My wife and I met with a real estate agent  i...

I wanted to get some advice/opinions from with some experienced minds here.I plan on purchasing a new home as a primary residence this year.  The idea would be to then move into a new primary residence, and rent out o...

So, I purchased my first "flip" in June for $62k, did 33k in renovations, and now renovations are done. My broker thinks comps would come in around 145-160k. I recently decided to rent it instead of selling it, as ren...

Good Evening Friends!I am selling my truck and will have just over $22,000 cash to invest freely. I have no debt and excellent credit. I am stationed in Washington D.C. and will be transitioning out of the military in...

I am new here and want to hear some opinionsMy goal is 100 rentals single family homes in 10 years looking at a 8-10% ROI after factoring in a 40% cost factor (vacancies, repairs, etc) My example is (12 months of a 12...

At my local REIA meeting, there was a sentiment from the more veteran players (particularly the mortgage brokers) that Fannie MAE/MAC will change mortgage allowance from 4 to 8 soon to help relief the number of forecl...

Hi all! I've been reading a lot of forums on BP and saw many people say that 5% down conventional loans on a owner occupied fourplex is no longer existent. 3 out of 4 lenders I've reached out to also told me the same ...