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I have no clue if this post will be of any value but I would like to share my experience of being an agent over the past year. I want to say that being an agent can be very hard. I was not aware of how many different ...
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Although the properties I am about to mention were primary residences, and not really investments, I writing this in the hope that my story so far can demonstrate the following: 1.The power of appreciation in developi...
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Hey all,
I've been listen to all the BP podcasts for quite some time now and have finally found a property that interests me. I have heard so much about using FHA loans as a means to have a lower down payment but whe...
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I am evaluating a deal for an REO house 2400sf (4br, 2.5ba) in Seaworld area of San Antonio. Corner side, bricks in four sides floor to roof, large front and back yard and well established neighborhood. The bank initi...
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I needed to do a cash out refi in order to consolidate my second loan into my primary loan. If the rates were to drop significantly in the next 6 months as I believe they will, I plan to do a rate n term refi in the ...
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Hi BP - I am buying an investment property for $90,000 with 25% down. All of my costs are below. The closing costs seem VERY high. Is this a reasonable amount to assume paying?Purchase price: 90,000Borrower closing co...
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A partner and I would like to purchase a residential multi-family property this year. Most likely this would be a duplex or triplex. In the areas that we are looking at, the property purchase price would be under 200K...
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If you’ve ever listened to Jefferson Lilly, one of his recommendations during the due diligence period of purchasing a MHP is to post an ad on Craigslist. He suggests getting a response rate of two per week (if I reme...
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Has anybody had experience converting a home into an assisted living facility? We are thinking of buying a 2500 sq ft SFH and extending it to 4,500 sq ft (from 6bed/3bath to 14bed/7bath). We have an operator willing t...
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Hi,I got one of my properties in Baltimore ready to rent ($1,300/month). It is a newish market for me, so I am not that familiar with the tenant base there yet. The property is in the Belair-Edison neighborhood and my...