Hello all!I'm eagerly trying to cram as much info as I can into my brain as I dive in and I am already (as I'm sure everyone is at this stage) eager to go out and find deals upon deals upon deals.I realize, though, th...
My wife and I have just started our journey in real estate investing. We have been reading and learning as much as we can. We have started looking at properties.My question is... What are the pros and cons of the prop...
Hello all!My wife and I purchased a small studio on the beach in Panama City Beach, Fl. We’ve owned it since spring of ‘22. After purchasing there has been a few special assessments and they are killing us and there a...
Hi, first post from a long time lurker. I have a unit with an open floor plan with a large living/dining area and a small kitchen off to the side, kind of like an L shape. There is no doorway to the kitchen, it just ...
Inflation is the highest it's been since 1981 and continuing an upward trend. Mortgage rates are above 5%, meaning the $600,000 home from last year will now cost you $700 more per month. Financially speaking, things d...
Hey BP Community:
I'm about to purchase my first rental property (will start offering mid-April when all my financing, cash reserve, and 2nd reserve source--i.e. heloc is in place). Finalizing my plan of action and ...
We have been discussing this at my office all day. I don't know much as this point, but here's what I know: "Fannie Mae is tightening the underwriting criteria for second homes and investment properties, the governmen...
When I scroll through this forum I see lots of stories about the first deal or the tenth. The profit on this deal, the addition of a new unit. Turning a bad deal into a good one. Those are often wonderful stories and ...
First off definitely want to wish everyone good health during this tough time. With the current crisis going on alot of people will look to get ride of their properties to get much needed cash. But my question is are ...
Hello,
Me and my wife are debating whether or not to pay off our homes sooner. We both agree that we should plan to have them all paid off by the time we retire 20 years from now. But there is the question of whether...