Hello BP nation. I wanted to hear your thoughts on building new. Originally I was looking to BRRRR in a gentrifying neighborhood. Most properties in The area I am looking at are in extremely bad shape and need to be t...
List Price: 235kReno: 45kARV: $340kHOA: $100 / monthZillow Rent Estimate: $2,300I couldn't find any information on current investor mortgage rates, so I used 8.1% (my HELOC interest rate) for the calculation. My credi...
If anyone could just let me know if I am on the right track here that would be awesome! Here is a simple scenario as I understand it:I find a house with an ARV of $350,000. I offer 70% of that minus $50,000 for repair...
what is the best way to venture into multi-family property investing for someone who has never owned an investment property?? Should i go through a bank and get a mortgage through FHA or use the Brrrr strategy??
I have a young unmarried couple with average credit, no evictions, easily able to afford the rent of my house. AND I have three young women who are interested in splitting the rent with average or little credit. In ei...
Some of you may have been fearless or fearful on your first attempt at buying through the court auction.i made a deposit and I am prepared to spend up to 30k ,and then pay off the past due delinquent taxes. I did my o...
What’s everyone’s opinions on home warranty’s. In what cases would you get one or should you even get one at all?
Hi all, I own a duplex in Queens and our family both live and rent the property. My family is planning to move out of the neighborhood and rent out the entire building.
I'm unsure whether the house will become an ...
Hey everyone, looking to acquire my second property and considering the Atlantic City area. I have a few questions that I hope the BP community can answer. - What are some good property management companies in the a...
Hello community, I was talking to a financial advisor and he brought something interesting to my attention that I wanted to ask you about.
The advisor suggested that for my personal residence I should buy a house ins...