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Hey folks,I started a Whole Life Insurance policy almost three years ago for the purpose of investing in real estate. Lately, I have been thinking on cancelling my policy and put that money towards maximizing my 401k ...
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I'm new-ish to REI, with one single family home purchased last spring so far. That has gone very well, and we are looking at stepping up the game to a Multi Family. The one I have my eye on is 6 units (two triplexes n...
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Ive been hosting my primary residence in Denver for years without incident, and each year renew license etc without no issues outside of the standard bureaucratic headaches. Last Dec was no different, i send in the mo...
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[Note: I initially posted this topic with a poorly worded title - thanks to autocompletion on my phone - here. I am reposting with a new title and have cleaned-up the narrative].
I've been ap...
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I recently purchased 5 duplexes in Tampa, FL. All leases state clearly tenants pay all their own utilities. (these leases where in place when we purchased) Seller confirmed tenants pay all their own utilities. All sep...
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I’m in contract with Hudzu on a foreclosure. I’ve only seen the outside but someone is living there. It’s a 1700sqft 4/2 in a good spot and I’d like to turn it into a rental.
I’m looking for suggestions and laws reg...
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Have you participated as a lender with Lending Club? I'm eager to hear about how you chose the loan to invest in, how the returns were, quality of customer service, and any other aspect you'd like to share.Thanks!
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Hey BP friends!I'm looking for some advice on a property in our portfolio. It's 150+ units in Oklahoma. Built in the 70s. Flat roofs. C+ property.We purchased this property thinking we could reinvest all of its cash f...
After doing some digging around and speaking with several lenders, it seems that the normal guidelines for banks to fund an investment buy and hold property is a 25% down payment, plus 6 months worth of mortgage payme...