Good afternoon, fellow BPers.Very green investor here in an interesting situation with selling my own property. Short version of a long story: I was in Harvey, house flooded, we were insured, have people coming out of...
I have some cash that I'm interested to invest in real estate here in Ontario Canada and last week I went to a mortgage broker to discuss potential mortgage + improvement deals that I can qualify for so I can start lo...
Hello!Many of the books (the millioniare real estate investor) and posts on BP I read, seem to not include the down payment when evaluating a deal to see if it cash flows. Is the down payment included in the evaluatio...
Is it typical to have to pre-paid a full year of insurance on a portfolio loan? I was told my closing cost would be 5% but after receiving the itemized list of everything included it’s more like 15%.
Looking for some advice with my first deal! Thanks in advance!2 bedroom condo that has been completely remodeled (granite, stainless steal, new carpet, new paint, base boards etc). Purchase price is 38K, would be payi...
The following the requirement for the seller to diclose in California. 1102.6c. (a) In addition to any other disclosure required pursuant to this article, it shall be the sole responsibility of the seller of any re...
This will be my first year filling taxes as a Landlord. What should I expect or do? Thanks in advance for the help BP community!!!
Hello BP Fam,
My husband and I are in the middle of purchasing our second property and we want to run the number right this time! Our lending is similar to ARV loan, where the purchase and renovation of the property ...
Hello BP!I'm a new investor and currently looking for a property to BRRRR. I plan on using the HELOC on my current home to purchase the home outright, then refinance with a conventional loan after repairs are complet...
I am reading the book on flipping houses and it mentions how difficult it can be to receive money for rehab on the house you are trying to get a loan for. If i were to go with traditional financing, how can i come up ...