Historically, residential US mortgage rates are near their long term averages. I remember in 2003 when rates were in the 5-6-7% range, albeit with more aggressive mortgage terms available to almost any and all borrowe...
I have been inspired by the podcasts and insight on BP and appreciate how a LONG-TERM buy and hold approach (my niche and strategy) can lead to quite significant 'passive' income streams over time. I also understa...
Last month I wrote a post on the success that we had as a team in April and I called it Awesome April in Arizona! This month I wanted to detail some of the success that we had in May and call it Magnificent May in Ari...
Hello BP,my name is Giannis (pronounced Yanni), and I've been a long time lurker of BP. I had the RE itch since I was young and I am looking to get started.My home market is Chicago. I currently live in a suburb of Ch...
Have had this duplex for less then one year. Paid 220k with a current cash flow of around 10%. The surrounding properties are all 4-units (most of them are two separate du-plex on the same property if you notice the p...
Would appreciate a review of this potential deal.
Duplex (2 on a lot) 3/1 House built in 1900 with large kitchen, finished basement
Back unit built 1998, modern 1/1 open floor plan with radiant heat, heated 2 car ...
Hi Everyone,Looking to purchase my first STR in my home resort town. Prices are pretty expensive here, 400-600k for a decent place. I have about 40-50k down payment for a property and have financing lined up for 10% d...
I have a decent relationship with the owner of a 5-plex in a small town in Indiana. The 5-plex is fully occupied, and professionally managed, pulling in $657/unit. The owner is willing to sell it to me with seller fin...
I'm not trying to offer this as a deal, I am trying to learn how to find people who do these kinds of deals. I'm the holder of a $350,000 mortgage note that is in the third position. I invested in a 4-unit rental prop...
Longtime reader first time poster. So my finace and took the first step towards purchasing a home. We recently got an estimated FHA loan approval for $125,000, our lender said she can use a tsahc (Texas state affordab...