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Hi guys, I'm a newb. Trying to understand the numbers on a cash out refinance while also explaining it to my wife so she can understand it as well.So let's say I find a home I want to buy. Home statsPurchase Price -...
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Investment Info: 3br / 1ba Condo in Boston
Before / After Photo Gallery
Purchase price: $225,000Cash invested: $98,250
The downpayment totaled $56,250 which I paid for using a HELOC on my primary residence. ...
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My wife and I want to get into real estate and wondering how we should go about it. Our current residents we still owe about $104,000, we have about $280,000 in equity. The value of the house is around $384,000. My in...
What are the important items to get from a seller right at the beginning of a potential deal and before possibly making an initial offer? I am speaking also of items and info that I would need to bring to other potent...
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Good morning...My first post, so looking forward to hearing from you. Thank you in advance.I have had my initial mtg with my RE CPA. I am now planning to have my first mtg with RE attorney. I would greatly apprecia...
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We recently invested in a hotel group and put this under our business; we used personal funds to fund initial investment, and we receive dividends from this investment. How would you account for this in your books?
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Hi BP community,I have received the below offer from a lender for multi-family commercial loan. "only offering a fixed interest rate for the initial five years of the loan and the best rate I can probably get is going...
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I'm about as new as it gets to real estate- I'm hoping to do a house hack/BRRR on a small multifamily. I live in San Diego and would love to get something local but is the market here just too expensive to be worth it...
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Hello everyone,I was wondering if you guys have any info/experience about living with tenants and how to screen them among other things.I heard about initially having a short lease to kind of feel out tenants (specifi...
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I moved some tenants in yesterday to find out there’s a mold problem in the kitchen. If it takes a week or two to mitigate do I have to move the tenants out? I’m not sure how the laws work or if there’s some defined s...