Hello all!This will be my first post on BP, and I've enjoyed reading through all of the great information this site has to offer.My fiance and I are very interested in getting started in investing in real estate. I've...
Hi,So my friend's dad is building a ~600 sq ft ADU in southern California and on the drawings it says:"Per Title 24, the BTU/HR rating for the equipment are:Total water heater: 199.7K BTU/HRTotal heating equipment: 20...
Hello everybody. I've got a question about how to best utilize a HELOC I am taking out on my primary residence. Here are the basics around that and my current REI situation. I will have a HELOC of around $35,000 doll...
I am 25 years young just starting out Learning how to create deals in the real estate business I am looking for suggestions on what my first step should be?
I am currently looking at a deal in Essex county New Jersey it is being sold to me as at a 7% cap. Its 41 unitsin 6 properties the net operatingincomes are as follow $76,844, $111,517, $35,257, $42,412, $51,792, $46,...
I am supposed to close on my first property(quad) next wednesday, but the FHA just came back and said that 75% of their evaluation of rents doesn't cover the mortgage. I am buying the place for 330000, and each unit w...
I am trying to refinance my primary residence. I am told my debt to income ratio is too high for the balance I need, however federal underwriters will not allow the use of rental income on any of my properties. Here...
Hi all,I currently have two duplex's in what I would call class C to C+ neighborhoods. My main objective is cash flow for passive income and to eventually live off this. I am comfortable managing these units myself as...
My home is worth $360k, with a current $130k loan balance (initially put $200k down, 15 year 2.75% fixed).Should I sell the home, buy a cheaper ~$300k home with $60k down, and have the extra money as cash on hand to ...
I plan to have some remodeling/rehab/renovation work done on a condo I bought in Oakland, California. I've heard differing opinions on what parts of this work I can legally have a handyman do vs what parts I'd need a ...