I’m a newbie looking to purchase my first investment property. I found a cash-flowing four-plex on the market for $250k. It is fully rented and is getting $2700 in rent. I am approved for a conventional loan. 25% down...
I swear there is someone at Vrbo purposely torturing me with crazy guests and issues for their own humor! I have had my STR in Pigeon Forge since April and out of the 50 reservations I have hosted, 7 have come from Vr...
Hi BP Community—
In Virginia, when a Substitute Trustee is assigned and that firm brings a property to auction, I'm wondering if that firm - or their affiliates - can bid on the property at the courthouse steps. Or, ...
I would like my Airbnb to show up in a google search, so I have a few questions.1) I found a website that explained how to add it to "Google my Business." It requires a mailing address for the Airbnb, but I do not r...
Hi all! I have listened to BP Podcasts, read about 4 books from Brandon Turner and I'm getting my ducks in a row before I pull the trigger and finance my first long term rental. Talking with a lender I may want to go ...
Hello BP Peeps,Can someone please clarify, if REO Properties mean the bank has removed all Liens and/or money due on the property?Or does it simply mean the property did not sell at auction and the bank still owns th...
Hi!When you are refinancing a property and the appraisal value comes back way higher than your purchase+repair costs; how much will you borrow? The max the bank gives you to continue growing your portfolio? A prudent ...
Hello,current situation: I’m military and wife is a realtor. We Live in our primary home that we would like to stay in for at least 5 years. We own 1 condo that cash flows $400 a month after all expenses etc.
questi...
I recently (about a year and a half) bought a 4 family home with my cousin through a 203k FHA loan. We completely rehabbed all the apartments and rented 3 of the units while living in one. Now we came to the point in ...
Hello fellow wholesalers;
I'm thinking of putting together a buyer's list and allowing all interested parties to bid on a house I get under contract. That takes care of the issue of estimating ARV. Has anyone done th...