Kellie Powell
When to scale your buisiness? Should we hire general labor?
My husband and I have an LLC flipping houses. We are currently working on our 3rd investment property. He does most of the labor, I do all the designing / bookkeeping and painting. With him being the only person o...
Lynne Burke
How to find direct lender for DSCR?
Husband and I are looking to finance a single family home in Delaware. I got a couple of quotes for DSCR loans, but they seem high. 20% down on a $630k property, for $505k loan @ 7.5% (or buydown with 2 points to 5.5%...
Richard Jennings
Are foreclosures be a good start for first time buyer/investor?
Considering foreclosure homes. Would this be a good strategy especially if the loan has been payed down significantly buy the owner? I'm thinking to it would be a good opportunity to refinance? After a year or two. T...
Mike Austin
New Member - Central Texas!
Hello,This is my first time posting. I live in Central Texas and am just starting to learn about REI. I am planning to use an owner-occupant(fha) approach to acquire my first multi-family unit.I was hoping someone cou...
Justin Moy
The Top 3 Advantages Of REITs For The Beginning Passive Investor
Here are the top 3 reasons why an investor could choose to start investing in REITs, especially early on in their investing journey.1. There are 2 types of REITs, there are private and public REITs.Public REITs are li...
Christen G.
Refis: HELOCs vs. Cash Out?
Hi all,We're working on re-fing three small multi-families that we're holding that have higher rates and ~$300k in combined equity! In the COVID-19 financing climate locally, we're seeing higher interest rates for inv...
Steve Maye
Need advice for financing purchase
Hello,Recently I posted a topic about purchasing my next rental property. I had considered paying it off in full rather than any financing, but I received a lot of advice showing that having some debt was a good thin...
Brent Zande
Is lumber the new "toilet paper" issue?
So, we have a lumber shortage, or do we?
This keeps feeling like a massive supply chain issue. If builder starts are down 12% and we can assume that production was temporarily hit by the pandemic, then shouldn't we ...
Jacob Sheets
Our First Step to Financial Freedom!
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Fort Atkinson.
Purchase price: $133,000
Househack time!!! After graduating from UW Whitewater, my wife and I found the perfect...
Jason Brown
First Time investor in the Miami Area
Hey Guys I'm new here on BP. I'm really looking to start investing in single family houses or condos here in Miami. Any suggestions about which would be better or where to start would be great appreciated for those fa...