Sam Rexford
Fed Cuts Rates by .5 - how should us newbies play this?
Hi BP'rs, I don't have a good sense of how the interest rate cut today will affect me as a new investor looking for my first deal... will it start to drive up prices of homes in areas i'm looking at as money gets chea...
Kyle Soderman
Closings and Credit Cards
Well, I am about half way through closing on my first property!!! The house is in St. Cloud, MN where I currently go to college. I will be room hacking the house (with trusted roommates I already know) until I graduat...
Alex Molina
Is it worth taking on negative cash flow multi family starting out ($-200 a month)?
Hello,
I'm in the mist of buying a 2 unit multi family in CT (New Britain). The current market in this area is pretty hot due to low inventory levels. I plan on purchasing a property that will break even or produce ...
Rob Bergeron
Louisville residents will soon see property taxes rise
https://www.wlky.com/article/louisville-residents-will-soon-see-property-taxes-rise/28622227I'm actually okay with this. Our current property tax rate is super low, still crazy low with a bump.
Justin Pumpr
Commercial, Portfolio, DSCR, or Private Lender
Hey all,I'm looking for some advice on which type of lender to use and then looking for referrals for that type of lender in the Columbus area. Some background:I own a few properties in Columbus and Dayton, OH (a mix ...
Daniel Gonzalez
Challenge with FHA appraisal in NJ 3 Family
Current Situation: I have identified a 3 family in New Jersey where I have planned to use an FHA loan I am pre-approved for. After speaking with my lender, I learned it likely won't pass underwriting because current r...
Davey King
Getting Low Down Payment Conv Loan on Owner Occupied Triplex
I’m searching to see if anyone know of any lenders (nationally or in CA) that are currently offer Low Down Payments (5-10%) for a Conventional Loan on a Triplex?Here’s my situation: I’m currently renting one unit in ...
Jeffrey Sullivan
First Quad, Plenty of Info, Negative Cash Flow First Year?
*Summary at the bottomAlright, guys, so I'm looking at my first quad. I have a partner that is family and we currently own six mobile homes and rent them out. The mobile homes all rented and bringing in ~$2,000 a mo...
Bryan M.
[Calc Review] Help me analyze this deal
Little background. The way I purchase properties is a little different from what I've seen from other members. I basically have assets that the bank allows me to borrow against. Kind of like a home equity line but the...
Sherfeng Vue
10% down payment on Investment property
Was wondering if anyone on here knows of a Lender(s) that would do 10% down on an investment property. I have used an FHA loan to buy my first duplex and looking to buy another Duplex. Spoke to several banks locally a...