I’m a rookie RE investor who’s new to BP and looking for some guidance.* First, though, I have to say that I’m amazed by the depth of knowledge on BP and the willingness of the community to give helpful advice in an o...
Hello BP, My name is Jordan, I am a 21 year old from the Bristol County area interested in purchasing my first rental property this year. I have always had an interest in real estate and I feel that I am in a great s...
I have several nice single-family houses that would make a good short term rental. I really do not want to spend my working capital furnishing these properties. Is it common for people to find private lenders that wi...
Hi officially my first post :-). Anyone know how lenders determine the income allowed from an income producing property to determine d/i ratio ? What line on the tax returns is used, and the formula ? Also looking to...
I am trying to decide on which one of a number of properties is a good deal with the highest return. They are retail. The first is a shopping plaza at $7M with a 9% cap rate, the largest shop has a 15 year lease, howe...
I have been thinking of doing a 1031 on my SFR rental properties in SoCal with a 3.2 cap rate. After looking at Multifamily units, I discovered commercial buildings with NNN leases that can be as long as 20 years wit...
I'm exploring if Notes is worth the investment versus investing in rental SFH, plex, or stock market. I saw note rates (ie fci exchange, loanmls) are about 6-12%. What do you see as advantage & disadvantage of not...
Hi there, I have recently discovered that the cap rates in my area have gone from 8.5% down to about 5.5% in the past few years! That makes my (debt-free) property worth a lot more.BUT if cap rates are at 5.5%, that m...
I've read that just by switching your mortgage payments from monthly or bi-monthly to bi-weekly you can save a ton on your interest over a 30 year period. This led me to researching the difference between bi-monthly a...
Hello,My name is David. I am a 24 year old active duty sailor. Next year I will return to civilian life and make around 120K a year ( + or - 20K). I will be working remotely which means I have the opportunity to live ...