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I'm totally prepared to get my ass grilled based on the title of this thread but that's fine. Please share your honest opinions. Here is the situation:
- I'm a complete car nut. I spend a lot of my free time research...
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I'm in Canada. Cheapest places in the city I live in go for about 170k, and you couldn't get them for much lower than that (no distressed housing of any sort). Now, what you get for that 170k isn't much (an old tow...
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Use other people's money, they said. Leverage, they said. Harumph.
Mortgage 1: My personal residence (duplex) in Boston. With rates low, my promo rate on the HELOC expiring, a bunch of exterior renovations I want to...
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Hi BP community!What are your thoughts on purchasing a single family home, renovating it, living in it for a little over a year and then renting it to a long term tenant?I’ve heard mixed responses from different peopl...
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Background:
We bought an investment property in a major city in USA. Our agent is the broker and also a mortgage broker as well. We have enough funds to buy the property in cash but we decided to put 20% down and get...
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I have a dilemma I would like to pose to the crowd. I have a sf rental in Florida with professional management in place that charges 8% per month. I have four homes with them. Three have been steady without any rea...
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So I'm currently in the process of purchasing my first deal! A fourplex here in San Antonio for $108K (Owner wants of the rental game). My intentions are to perform the Brrr strategy so I will also be borrowing an add...
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Hello!I am a first-time homebuyer. My wife and I are working towards owning our own rental properties and have been wanting to house hack. Our financial situation has been scarce as over the past two years I was worki...
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Hello Everyone! And Happy Holidays!
My name is Zack! I’m 29 years old and I’m a newbie RE investor based out of Long Island, NY. I’m a Union plumber (going on 8 years now) and have been living at home rent free (th...
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As the topic states, will cash flowing properties disappear when interest rates increases?
Once rates go higher than 5%+ the debt service on the loan is going to increase. Not to mention the market will likely be le...