I am getting some pushback on the idea of recourse vs. non recourse loans from a banker I'm just about to go with. My accountant told me not to take out a recourse loan, one that allows for deficiency judgments (th...
Hey all, I am new to real estate investing and am accumulating my resources to begin investing with the BRRRR strategy in a year-year and a half time frame.
I live in Indianapolis Indiana however, my wife and I plan...
Hey BP community! I've been trying to learn more about a specific market (Tampa), and feel like at times I am going in circles. Taking notes on each neighborhood + suburb gets tedious. I still don't have as pointed qu...
Hi everyone! I’ve been investing in stocks for over 8 years with pretty good results and am finally exploring if real estate investing makes sense for me in 2024. Not really looking to make a huge switch… just looking...
I found the site and am looking forward to sharing my experiences and learning alongside my peers here in Ecuador and in the US.
I originally came here in 2006 doing scientific work and couldn't help but say yes to...
Hello BP. As you can very well see by my profile and the discussion topic I've posted here, I am a spanking new member. The discussion I'm going to attempt to induce is one that I'm certain comes as no surprise to man...
Hi,I am purchasing a multi-family unit for $175,000. Here are the loan terms I received from a bank, please let me know if this is good in current market. This is a commercial loan.Interest Rate fixed for 5 years = 4....
The wife and I sold a property and took a check of 400k after sale. We moved to an area that is overpriced RE and are happy to rent for now. Rent is now 1850. Household income is 260k pa. What are my real estate optio...
Posting this to help an elderly landlord: A rental company just called her for a reference check (saying this tenant wants to move into their apt. in the last week of March) on one of her current tenants whose current...
Current Situation
Own home for 5 years now in suburbs of IL. Owe $390k on mortgage. Can sell for $520k
Wife and I credit scores both in low 600’s due to cc consolidation a few years ago, still being resolved.
$50k ...