Hey!
The title was a little too short in characters to allow me to fully describe the post, but in simplest terms i'm trying to ask for advice and critique of my plans - in addition to leaving a record in case I or w...
Hello All,This is my first time on a forum, but I am so frustrated with my situation with Home Partners that I felt it necessary to write. I have been renting with them for about a month and the process to get anythi...
Terms in CRE lending that everyone should know...Adjustable Rate Mortgage: Mortgage where the interest rate adjusts periodically up or down through a set index. Also called a floating rate mortgage.Adjusted Gross Inco...
Closed on it today, it's a 2 bed 1 bath in Portsmouth, VA. Purchased it for $30,000, after closing costs it was $31,650.15. Planning on placing a tenant buyer in there for $975 a month. Taxes and insurance will set me...
Hello!
I'm a recent new member to this site, and I think it's an excellent resource for people like me who are brand new to RE investing.
I've had the "privilege" to attend a 3 day "intro to REI" course put on by th...
Hi!I'm looking for other people's thoughts on what they think would be a better ROI for me. Background:- 22 years old- living in San Diego (CA)- have $53,000 in savings Option 1: House hack, buy a 3-bedroom condo, ren...
Greetings, I purchased a property sight unseen at the court house Auction in Virginia. I went to introduce myself and discovered that the people living there are not the owners. According to the information they gave ...
Looking for ways to turn this into non taxable cash or just purchase something to avoid taxes.I'm on my second 1031 exch but later found out that I can't use the funds to improve on already purchased land so I'm a lit...
Hey BP,I'm seeking feedback and experience about getting started in buying a Multi Family Property. My Goal: Start off with buying a Multi-Family in New Jersey (I reside and work in NJ). I want to spend no more than $...
Hi, my name is David and I live in Atlanta area.
I would like to purchase a land (around 1 acre) and build a small strip mall (around 10K sqft) using SBA loan. Me and my wife are both dentists (different specialties)...