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Hello BP,I am in the process of acquiring my first rehab property. I have built great rapport with the seller and have secured a purchase price that is well below the ARV. I have ran the numbers and the margins are ...
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Hi everyone! I want to scale up faster with Multi family. I have 3 properties. About $400k in equity between the 3 of them. One str one ltr and one primary home. I have zero debt besides the mortgages with rates from ...
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Hello, my wife and I have about 150k equity in our home are wanting to do a HELOC and use that to buy some STRs. I have a few questions since this is my first time doing this and research online seems to be pretty ba...
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Austin Business Journal released an article this morning titled "Austin City Council moves to tighten reins on short-term rentals"Political Significance: City council voted to approve an amendment to be drafted to Cit...
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Looking to get my first property in Denver by doing a house hack. Considering townhomes and multi-family but most likely looking to do a single family rent-by-room house hack since I'm single and in mid 20s.Thinking s...
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Retirement Plan.I used to have a 401k. That was before I lost my job. My search for another job landed me in another country, working as a contract employee through a third party. I got interested in real estate becau...
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Good afternoon everyone. I'm trying to get all my questions out of the way before I pursue my 1st rental. Could anyone help me by answering this question. Can I qualify for an FHA loan on a second property when I al...
Hello everyone! Newbie here looking for some advice specific to the Cambridge/Boston market (or competitive markets in general). I have just started my real estate investing journey and I'm getting ready to start lo...
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I'm wondering what strategies anyone would suggest with my current situation:
- One property owned near Washington, DC that is estimated at approximately $280k with just under $210k left on the loan. The hou...
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I currently own a 1BR/1BA in Canton, Baltimore. The home was listed as a 2BR/1BA. However, the previous seller used the open area of the basement as a BR (so not a legitimate BR per se). The area is considered an up a...