I'm currently looking into 3/1 ARM loans (2.65% interest from local credit untion) to purchase and sell some fix and flip houses, rather than a a conventional 30 year fixed loan (3.9% apr) to save on interest rates. ...
Hi everyone! I recently purchased 5 acres with the intent to develop a small, less than 10 lots, residential subdivision. I am not a licensed real estate agent but have purchased and sold many times over the years a...
Hi everyone, I am 23 and newly learning STR. My parents are paying all cash on a property (reason being we're internationals without a credit score and therefore very high interest rate) and they want me to turn the h...
Hello BP,I need some advice on my first potential invest. Here is the dynamics of the situation. I am a recent college graduate, and figured that if I could buy a home with a monthly mortgage payment close to my colle...
Hi there,
I know there quite a few posts on the experience with RTR but has anyone here got their Cape Coral property completely built out and rented? If so, how long did it take for the build to complete and rent i...
I have a rental property in Crestview Fl that cash flows 247 after property management fees. I pay for monthly yard work and a home warranty for peace of mind, which drives my bottom line down 150 bucks. So, my total...
Hello BPers!I have a property in Charles county MD under contract, which the numbers work really well. Purchase price is $51,500. ARV is $230,000+. Rehab estimate is about $70,000. HML loan at 3 points and 13%. I am d...