Hey guys. Looking for some input. I'm considering selling my primary residence (the only property I own) as I have about 200k I could potentially make of it. I want to use that money to invest out of state (currently ...
I recently came across some condos in my area ( Baltimore,MD) and the range from 90k to 130k in pretty good condition(minor repairs needed). My question is are condos a good investment the average mortgage is about $...
Hi everyone,My name is Vy. Recently, an idea just came to me that I should take out home equity loan to invest in a rental property. I've always thought of equity loan as a taboo kind of thing but for some reason, I ...
I am a newbie and haven't done a deal other than my primary home which is a long term BRRR! I am trying to get financing in place, or at least identify the institutions that I want to work with, so I spoke with the fi...
So just found this property with a suppposedly "motivated seller" here are the numbers:
Proposed Sale Price 185,000
Gross Rents - 1800
Less 8% Vacancy Loss <144>
Less Insurance <...
Would it be a smart or silly decision to use a VA loan starting out to purchase a first home for a rental property? The only reason I ask is I do not have a lot of money to put as a down payment. Thank you in advance.
So I'm buying my first rental property (actually closing this afternoon, :)!! ) and my lender tells me last week that the underwriter has approved the loan, however, because of the loan amount and it being an investme...
Good afternoon BP,I am seeking some advise to get started in BRRRR investing. I am hoping someone can offer some advise on how to approach my first deal, and hopefully subsequent deals, financially, using the scenario...
Have a great idea, that I will be using myself, to get into a house hack for very little out of pocket. Hopefully this can help someone else get their investing career started too!
Florida has an amazing First-Time ...
Thinking about trying this. Any advice? Curious if anyone in Iowa is doing this aleeady