Matt Trotta
Advice on investing in towns in Lower Westchester County, NY?
I am interested in investing in single/multi-family rental properties in Lower Westchester County (NY). Anyone have an experience/ advice they can share in towns like Pleasantville, Portchester, Tarrytown or White Pla...
Zion Hurt
Seller adamant about home price after appraisal comes back lower
Hey my name is Zion! This is more of a rant and wanted to see if anyone else is having the same problems. So I got to the last stages of this deal. My first property that I was going to house hack. With todays market ...
Mike Toole
What to do if final ARV is lower than expected
Hi,Knowing that BRRRR involves in getting an ARV thats high enough to get your initial investment back, I wonder what's the best thing to do, let's say when your final ARV happens to be less than expected. Should I im...
Derek Lamonde
A lower Cap, but higher appreciation potential or vice versa?
Hi All,I'm extending offers for two, 2-unit properties as "buy and holds" with a lot of upsides, but unfortunately I can't have both so I have favored price-points identified. They are both A properties, but one has a...
Brian Huber
Does the 70% rule make sense on lower priced houses?
Hi, I've been looking at properties in the $30-60K range. Some of these need a lot of work. For example, I'm looking at a house on Realtor.com in Charlotte, NC for $27,900 that probably needs the following:New roof ...
Vijaianand Thirunageswaram
FNME to help investors with long term financing, lower rates
Recently, I came across news about FNME and FMAC planning to roll out long term financing options with lower rates to help our smaller investors. Fannie and Freddie have launched lending programs to allow owners of sm...
Samuel Chua
higher down-payment equals to more cash but lower CoCROI
May I know why higher down-payment equals to more cash but lower CoCROI? Thanks!
Jackson Sandland
Looking for advice : Bank appraisal lower than tax assessed value
I'm under contract to purchase a SFH 3/2 in Milwaukee in the 53215 zipcode. It's a nice property in a decent area with shopping, and transportation nearby. I've had 6 interested parties reaching out to rent after a re...
Jose M.
Higher/Lower Down Payment Vs Holding Savings for Next Deal
Hello BP Family,
Does it make more sense to leave as little of a down payment possible (regardless of PMI) on your first deal (fha) so you can use your cash for the next deal?
If I put 20 percent down, it will pro...
Ryan Millsap
Does borrowing your full HELOC amount lower your credit score?
Has anybody used their entire HELOC allotment toward a property purchase? If so, did maxing out a line of credit tank your credit score just like maxing out a credit card could? I have 4 properties now so I rely on DS...