Good Morning BP,
I have a question about reserve amounts. When analyzing deals, what do you budget for reserves? do you withhold a flat rate amount, or do you withhold a percentage of the gross rent? Currently I am ...
I am very excited because my first investment property is set to close today! It is a cash purchase, total price of $29,850 (market value/comps 45K, my more conservative estimate is closer to 38-40K) for a 2/1 recentl...
Assume you have a 100k HELOC, I understand the leverage power of purchasing 5 100K properties using 20K down each instead of paying cash for 1 100K property, this concept seems to work best with buy and hold propertie...
In my market (Denver metro) properties are pricey and the amount of money that could be saved on interest for a 15 year vs 30 year mortgage is significant. I am thinking that properties here would be best utilized by...
I purchased my first property back in January and I'm getting ready to purchase my 2nd. I live in Seattle so I'm starting out with the turnkey route. All properties have brand new HVAC system, hot water and roof so my...
First congratulations to Biggerpockets and the wealth of knowledge accumulated here. It's been very difficult for me to type a question that wasn't already addressed by your forums. So in an effort to participate, my ...
The heart of this question is the tolerance with different investor strategies regarding positive cash flow vs. appreciation potential.
This scenario is probably more common in California due to the difficult...
I have heard this idea tossed around on the BP Podcast the past few episodes, and it made me realize this is one of the greatest lessons in my personal experience thus far in REI that I would like to share with the BP...
I've recently met a great agent via BP and I am looking for a duplex to 4-plex to start as my first buy & hold deal in Houston. Just wanted to see if any of you thinks the deals below are worth considering? I beli...
As a mortgage banker, I often get asked about the Freddie Mac Small Balance Loan Program for Multifamily Properties. Its a great program so here is an overview for people that are interested in learning more.Freddie ...