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I have only posted a few times as I am hoping to start purchasing rentals soon. For those of you that have had rentals for several years, maybe even a decade or more, I know there is not a exact number for this, but...
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Hello I am looking at purchasing a couple rental properties in upstate NY. I would like to hear some opinions from others who own rental properties or who have experience dealing with real estate in NY, as I am not t...
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We have been pre approved by 2 hard money lenders. After looking at the high interest and points provided by these 2 companies I am thinking maybe conventional loan? I know on conventional you will have to pay about 2...
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BP Team,I am looking for perspective and advice. I have been following BP on YouTube for a few years and have been investing in real estate for the last 3 years. Over that time we have acquired 4 properties, 6 doors...
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Hi I've been working for a buyer for 3 months. Over the course of that time I have submitted at least 4 offers. All offer have been denied because she can only do FHA. Now I know the issues that can show up with FHA l...
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HII am getting ready to buy my first home. I plan on having roommates. Was wondering how much an extra bedroom is worth in terms of resale value? For example, there is a 3bed house for 245k vs a 4 bed for 310k. Wh...
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We still want the house, we were told 1st buyer was disqualified. We resubmitted our offer and are waiting to hear. but is there anything more we can do? The bank put the house back on the market.
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All,I'm looking at a rundown mixed use 4 unit upper, retail lower. Tenants currently don't pay rent (because no one enforces it - building owner has died). I'd evict, gut it, renovate and rent. Is my only option ha...
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So I finally decided to take an aggregate look at my numbers instead of year by year slices, since I now have a reasonable number of rental data on my own properties (656 months)Here's the breakdown of where the rent ...
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Refinancing loans with a focus on Debt Service Coverage Ratio (DSCR) can be a strategic decision for businesses. Here are some situations when refinancing might be considered:
1. Improved DSCR: If a company’s DSCR ha...