Found an investment property where the location is great and comps are strong. However, the home itself is priced on the higher end of my price range and will require $80K in rehab costs according to the seller who is...
I just wanted to post this question, and get opinions on what people think. There appears to be in this form majority that feels interest rates are going to go down significantly within the next 12 months. Some believ...
I owe a mortgage bal of $126k on a property worth $375k and have about 8 years to pay it off; rate is 3.37%.
I need to tap that equity to purchase other properties. The options I'm considering are:
1. HELOC at 75%...
I’m new to this and really want to get started with a rental property. I don’t have the funds to provide the 20% down payments.
From the research I’ve done... I’m supposed to borrow the down payment and in a year...
Hi All - We are "downsizing" our primary residence and will have roughly $500k in cash from the sale once all the RE fees are paid. We are looking to start investing into real estate (Single Family Home BRRRR initiall...
Hello everyone-
The other day I was in deep discussion about various programs that are offered through our government programs and I was shocked at how many people did not know what is out there for them. Below you w...
I'm an experienced builder who lost a lot of money when I invested into restaurants. Hard lessoned learned, stick to what you know. I'm trying to get back to my first love of custom home building. The market I'm in...
I have a 2300 sq ft unfinished basement that I want to finish with the intent of renting it out. Similar basement rentals rent out for 2200/month. I have a conventional loan with a low interest rate so I don’t think a...
I've been going through mortgage hell trying to get a 60% mortgage on a currently rented house in Portland. The appraisal came out fine for value but the appraiser estimated the rent to be $1900. Rent is currently $...
Hi BP,
Had a question about a current BRRRR I'm finishing up.
Used an $80k HELOC to purchase and rehab a rental property in Boston area. My rate as of right now is 5.5% not great but not the worst. I'm very confiden...