In looking around on BP paying cash is a great way to find deals, but I'll be sticking with conventional financing for my first property until I can save up enough or find a partner.
Doing a bit of research I...
Can anyone tell me what a good interest rate will be on a rehab loan? What would you consider too high. What would you consider a great deal? Also, I have some commercial property valued at $50,000. Would you sugg...
I have devised a plan and need y’alls help to tell me if this is even possible and the obstacles I’m going to run into because I know for a fact I’m gonna run into a lot and this might not even work. I was thinking ab...
Hello, rookie here!My husband and I currently live in a single family home outside of the city, but are wanting to rent out the SF and move into a duplex closer to the city/his school (he's a grad student). We are wan...
Hi BP, and thank you for existing.
We're very close to contracting on our first investment property, a duplex in which one unit we'd live, and rent out the other.We've been talking with a lender, a family friend, for...
What banks, loan officers or direct lenders would you recommend using for traditional conventional mortgages that understand the Investment property scenario vs. traditional home buyers? I can search google for rates...
What loan limit is it time to consider refinancing out of a VA loan?By the end of the year I would be at the 1 year mark on my first multifamily purchase and am in the planning process for my next purchase. I do know...
Hello bp fam, I’m getting closer to buying my first property. I’ve been educating myself and saving money. I have about 10k saved and I just got approved from a local bank for a line of credit for 10k. I have good cre...
Looking for advice from you BP pros out there.I will be purchasing either a single family residence or multi family residence home in the Cleveland, Ohio area no later than January 2025 and intended on purchasing usin...
Hi all,
First time post as I get ready for my first investment. For the PA investors out there or maybe in other states with high transfer taxes (2% of property value). Curious on whether you've found the math more f...