Hi all,
I’m an aspiring RE investor looking to make my first deal leveraging the house hack approach. However, before I embark upon this journey, I was hoping to get some feedback from the BP family on my potential f...
Hi. We are looking to refinance our condo that we use as a rental property. We currently pay 1288 for our mortgage and it has a horrible interest rate 6.25%. We get 1600 for rent, and after our hoa fees - 550 we en...
Thinking about buying some special tools from a couple private individuals about 700 miles and 2 states away from home. These guys used it as a side business there.
How do "I" know they are fre...
My buyer's agent continually tells me that I should not worry about a positive cash flow to back-calculate an offer. Why? Because you don't want to show income (of cash flow) on your tax return, or else you'll be taxe...
Been on this forum and already have found a wealth of information. This is similar to a post I had yesterday but I have been listening to quite a few podcast and forum post, I keep hearing about the 2% rule and having...
Is once I have the property being able to sell it. Im talking about doing rehabs.
I mean I justt told my partner that we have to figure in carrying costs. But I was just talking to a mortgage broker who said an inves...
I have been thumbing through some of the forums and see a lot of people talking about this in many capacities. In general what I have noticed is that the insight provided by most with regards to FL is wrong.I do purch...
Is It Time To Tap Out?
Quoted from a real estate blog: “I bought this duplex 3 years ago for $600k, and now it’s worth $980k! I love real estate! I want to do it again and again! I heard I can just cash-out refi a...
I have a couple questions specifically for this market. From my understanding and please correct me if I am wrong, convention banks are still hesitant to lend on Detroit properties. Most of this in part to having a ha...
Hello to everyone here at bp.com! i appreciate everyones great advice all through these forums. I have been trying to get into the real estate game for a long time now. I have finally gotten my familiy in financial p...