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hi, I am new to BP and REI in general.Wanted to see your thoughts on where to begin on a limited amount of money and no credit: let's say 15k cash available. - Buy a foreclosure for 10k and put 5k into it?- is there a...
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Struggled with the title. Like the title says I was pre-approved for a $235k FHA loan without a property in mind. Theoretically, I find a duplex worth say $280k, with a tenant in one side paying rent. I go back to the...
Hello,
I've spent some time reading these forums and more than once I've heard of middle or upper middle class real estate investors amassing large amounts of wealth, $5-10M net worth, over periods of 10 or...
Yesterday I received an email from NREIG that they have decided to increase my monthly premium by 20% per month. I own 4 rental properties in the Tampa bay area with a coverage amount of ±$70,000 each. I also have nam...
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I want to ask cash flow/rental investors is there a certain amount in rent that you wouldn’t rent under when sourcing for properties? Lets just say you found a property, did your research and came to the conclusion th...
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Being frugal is a trait many of us share on this site. Most of us started out with some type of personal finance or investment book that preached being frugal and spending your money on solid investments instead is th...
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I’m an experienced RE investor who lives in San Diego. In a year I will be selling an single yet expensive beachfront investment property I own. I own it outright without a mortgage. I am looking to replace this prope...
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Hello BP,I'm in CA and need some advice on some commercial lending terms. A lender provided some loan options for a 10 unit building. I'd like to know if the terms provided are typical of today's commercial lending...
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Hello everyone I'm new here but have been working in RE development (affordable housing) in the South Florida area for about a year now. I have about four buyers that qualify for loans but the lender refuses to do a m...
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Hi BP family. I have been working with the calculators on BP but am having trouble finding the numbers to use to get a true analysis. When it comes to property taxes, on any of the real estate sites, It gives a monthl...