In August 2020, I took on what seemed like a great deal—a three-family property in Manchester. The seller was a terminally ill man who needed cash quickly to support his family before he passed. The lead came through ...
Hello fellow BP'ers, I have a slight issue at hand right now. A few months ago, I acquired a solid deal - 2 two-families that are adjacent to each other in Paterson, NJ for $125,000 each. They were off-market and I kn...
I currently have a 1rst floor tenant who has been a reliable payer of the rent for the last 2.5 years. They pay 1050 for a 3 bedroom apartment that currently would rent for around 1450-1500 in the present market. ...
Hey BP! I figure I should just ask the wise BP community, but I've seen and heard different answers as to how long of a period one has to shop mortgage rates and to still be considered just one 1 credit pull. In some ...
Background about me: Hey everyone! My name is Thomas and I am new to BiggerPockets. This is my first post and I'm hoping to get a couple questions answered and receive advice on how I should get the ball rolling. I am...
Hey all,I just need somewhere to brain dump.My tenant moved in about a year ago. I told her that we do not offer any washer or dryers with the unit. In the basement of my duplex, I have a washer and dryer in the basem...
I received this from one of my lenders and thought that it was too good not to share. As someone who primarily funds loans from CMBS, agency, and insurance companies I think this info is on point.Despite turbulent ca...
Recently, I came across a website which advertises a turn key investment in Little Rock AK. The company is called Memphis Invest and they claim to do everything for you with a + cash flow and manage your property. ? -...
Hi all.Is 5.25% on a 30 yr conventional loan with 15% down and excellent credit, about where the market is right now on less than a $250,000 property or should I be shopping lenders, considering I'm using a broker.