Hi All! I am under contract on my first STR beach property. $1 million home. 20% down. 800k Mortgage. The plan is to put the property in an LLC at the onset (I heard this was easier/better rather than putting in perso...

Hi everyone, im looking for some help. I live in the Erie area and im looking to purchase my first investment property. The market here isnt the best but i would like to stay local to start. Im looking at a few multif...

Hello BP community!I have been a member for a year or so but thought it was necessary to redo my intro post due to my relocating to NJ. I just started my full time position a few months ago and have narrowed down my R...

Should I be preoccupied with avoiding deals where I risk having to pay PMI on the loan?

Sorry if this is the wrong forum for this question, but I'm hoping someone can shed some light.Looking to purchase a house to live in (going to rent out my current house).Purchase price will be somewhere around $410k ...

What do you all use for your banking?  I hold properties out of state and want to change from my current bank.  Thinking about Capital One now as they seem to have a low cost offering.How did you guys pick?  Was local...

As you may have known, interest rate went up a lot recently and that forced the majority of retail buyers out of the game. Therefore, flipping takes longer to sell or may need to go down in prices if on market too lon...

Hello,
I want to fix & flip my first property.  But, as I'm deciding which financial vehicle to use, in order to get started, I don't understand if I am supposed to seek enough funding for the 20% downpayment  (a...

Is this a good deal. The seller wants 75k and the comps in the surrounding area are around 80k to 123k, I quoted the seller 60k. I'm trying to figure out am I too far off with the numbers.

Hi everyone, Would anyone have tips on buying good foreclosure properties? Especially for someone who is out-of-state?