Last year the taxes went up on one of our properties and took a big bite out of our earnings. We had a $1,000 house payment and were renting it out to my step-daughter for $1,400 a month. The county increased our taxe...
My business partner and I recently made an offer on a REO. Great opportunity to cash flow, 10% COC return and forced appreciation due to bank renovations. Why did I say no?.... Well after two days of intense negotiati...
Hello everyone. Thank you for taking the time to read my post. I've got a question regarding a triplex I own and would appreciate suggestions on what I should do with the property. Here are the basics in regards to th...
I recently posted a listing for a unit in my 2-family which has had a lot of traction. An overwhelming amount of inquiries flooded through my inbox in the passed week. I tried to narrow it down to only a handful of pe...
I'm ready to expand my RE investment portfolio by jumping into multi-family in Texas. I want go the house hacking route and purchasing either a Duplex or Triplex with an FHA Loan to minimize my cash in the investment....
Hi all,
This is my first post, I am a long-time reader of the site; quite impressed!
I am relatively new to the REI landscape also; we just bought an additional property, and our first we have owned for almost a yea...
Has anybody on BP had any luck with transferring from flipping houses to flipping and holding notes. Seems like the next step for me since shorts sales and REO has dried up. Any opinions on this subject would be appre...
Hi,I am considering several locations (over 10) to invest in my next rental property. As such, I'm contacting mortgage brokers and filling out loan applications to get pre-approval letters. Will this impact my cred...
Hi everyone this is my first post hopefully in the right forum!I am looking to purchase my first rental for a buy and rent long term strategy.Rundown as follows:-It is a foreclosed condo in an HOA that allows rentals....
HI Guys,I live in SF bay area where house prices are really high so I have a bunch of mortgage debt on my credit report. My DTI come around 60%. my primary home my self and my wife are co applicant.Now I am in the mar...